Protecting Homeowners From Fraud

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Post Protecting Homeowners From Fraud Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Commentary / Protecting Homeowners From Fraud Share Save in Commentary, Daily Dose, Featured, News June 18, 2020 10,732 Views About Author: Mabel Guzman Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Where Renting is More Appealing Than Homeownership Next: FHFA Releases Annual Update on Conservatorship and Securitiescenter_img Related Articles Real estate agents are also warning their clients about the scams that have surfaced since the start of the pandemic, and are sharing these key takeaways with financially struggling homeowners: If you know you’ll have trouble making your next mortgage payment, contact your lender immediately to discuss your situation and decide whether forbearance or deferment is right for you. Make sure you know what your obligation will be once the forbearance or deferment period ends. Never stop making mortgage payments on the advice of a so-called mortgage forbearance expert. Never pay any business or third-party for mortgage relief assistance. Don’t sign a deed that transfers any part of your property to anyone who makes promises about freeing you from the mortgage obligation.  Never make mortgage payments to anyone but your lender. In short, consumers must never let any third party negotiate for them; they must talk to their servicer directly.  Consumers who have privately held loans may be at particular risk, since private lenders have no obligation to follow federal government guidelines on forbearance. Real estate agents typically direct borrowers who can’t make headway with their lender to seek assistance through a HUD-approved Housing Counseling Agency.   Finally, the National Association of REALTORS has been communicating with mortgage lending organizations throughout the COVID-19 crisis to ensure consumers are getting the right information about what to do if they’re having trouble making mortgage payments. A new brochure from NAR, Protect Your Investment, is designed to help ensure homeowners impacted by COVID-19 are working with trusted professionals.  The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago 2020-06-18 Mike Albanese Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago As the housing and mortgage industries grapple with the business and customer service fallout of the pandemic, the first-ever non-weather-related federally declared disaster, they face another insidious foe: schemes to defraud borrowers. The Federal Trade Commission has tallied nearly 50,000 reports of COVID-19-related scams, for a loss of more than $35 million since the beginning of 2020. About 3% are related to mortgage lending, according to the FTC’s data. That may seem like a small percentage, but the stakes—borrowers’ ability to keep their homes—couldn’t be bigger.   The 4.7 million borrowers who’ve already sought forbearance on their mortgage (and the newly unemployed seeking forbearance or deferment options each month) are particularly vulnerable to scam artists.  Unfortunately, when something goes wrong, some people go the extra mile to make it worse. The fear roused during a federally declared disaster is just the condition scammers find irresistible. Fraudsters, with the skill of digital marketers, target victims through online ads, email solicitations, and search terms like “refi” or “forbearance.” They can also target people in areas with high unemployment and access public records to find homes in pre-foreclosure.   Scammers might insist homeowners make mortgage payments to them while they negotiate with the lender. Or they might ask homeowners to sign papers for a loan modification, but buried in the pile is a document that surrenders title. Either way, homeowners could lose their home.  The Coronavirus Aid, Relief, and Economic Security (CARES) Act and subsequent stimulus packages provided unprecedented relief to consumers. But because government agencies and lenders had to roll out programs at warp speed, consumers have struggled with confusion and misinformation. Servicers that proactively provide clear information on forbearance and mortgage relief options, as well as fraud education, can help prevent crippling consumer losses, like scam-induced foreclosure, which then ripple throughout the industry.   Resources that can help include CFPB.gov/housing, a new site created jointly by the Consumer Financial Protection Bureau, Federal Housing Finance Agency, and the Department of Housing and Urban Development to give homeowners and renters one place to go for assistance offered by various agencies under the CARES Act. The single source includes information on mortgage relief, renter protections, and COVID-19–related scams. The CFPB also created a video that explains forbearance.  Mabél Guzmán is a REALTOR with @properties in Chicago, where she specializes in residential real estate, rehabbing properties, and working with investors. She is the 2020 VP of Association Affairs for the National Association of REALTORS. Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

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Petron repulses F2 Logistics in PSL Grand Prix finals rematch

first_imgHong Kong tunnel reopens, campus siege nears end The Blaze Spikers maintained their undefeated start in the conference, improving to a 6-0 record to lead the league while the Cargo Movers are in second at 5-1.From a slim 11-10 lead, Petron went on a late surge to take a 20-11 buffer but that was momentarily threatened by  Blaze Boosters’ own miscues and timely points by the Cargo Movers.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesThe Blaze Spikers committed three straight errors before Aby Maraño converted on a service ace that trimmed the gap to 4, 21-17.Stephanie Niemer and Remy Palma, however, scored on back-to-back hits to give Petron a 23-17 lead. 1 dead, 3 injured in Quezon road crash Lindsay Stalzer, Petron’s previous player, had 21 points to lead the Cargo Movers while Rebecca Perry and Ara Galang had 12 and 10 points, respectively. / gsgSports Related Videospowered by AdSparcRead Next P2.5 B shabu seized in Makati sting, Chinese national nabbed LATEST STORIES Don’t miss out on the latest news and information. MANILA, Philippines—Petron recovered in time and halted F2 Logistics’ advances in four sets, 23-25, 25-14, 24-22, 25-18, in a rematch of last year’s finalists in the Philippine Superliga Grand Prix Thursday at Filoil Flying V Center in San Juan City.ADVERTISEMENT View comments P2.5 B shabu seized in Makati sting, Chinese national nabbedcenter_img Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Lacson backs proposal to elect president and vice president in tandem Trump campaign, GOP groups attack Google’s new ad policy SEA Games hosting troubles anger Duterte Like Mike: LeBron overwhelmed after passing Jordan, his hero Katherine Bell then soared for a back row kill to seal the victory.“We coaches know our players and we know that when they want to play great it’s possible to get the win,” said Petron head coach Shaq Delos Santos.“We’re happy with the win because this was a test for us because F2 is one of the strongest teams in the PSL.”“The first set was a struggle for us but I told the players to use the first set as a warm up because we knew we can bounce back from it.Bell finished the match with 31 points, a season-high for her, while Niemer added 22.ADVERTISEMENT Private companies step in to help SEA Games hosting MOST READlast_img read more

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Warriors roll past Thunder without Kevin Durant

first_imgView comments MOST READ Roger Federer reaches Indian Wells final after Rafael Nadal’s withdrawal PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Trump tells impeachment jokes at annual turkey pardon event Thunder: Host the Miami Heat on Monday.Sports Related Videospowered by AdSparcRead Next Wintry storm delivers US travel woes before Thanksgiving SEA Games hosting troubles anger Duterte Many Oklahoma City fans hoped for the chance to boo former Thunder star Kevin Durant, but the league’s No. 4 scorer sat out his second straight game for the Warriors with a sprained right ankle.Golden State made up for Durant’s absence with defense. Oklahoma City shot 32 percent from the field, its worst percentage of the season, and made just 13 of 41 3-pointers.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logisticsPaul George had 29 points and 13 rebounds, and Dennis Schroder added 15 points for the Thunder. Russell Westbrook scored just seven points on 2-for-16 shooting and missed all seven of his 3-point attempts. He had nine assists and eight rebounds.Curry scored 19 points in the first half to help the Warriors lead 64-46 at the break. Curry scored 11 more in the third quarter to put the Warriors up 87-71 at the end of the period, and they were never threatened after that. Private companies step in to help SEA Games hostingcenter_img Colombia protesters vow new strike after talks hit snag Bloomberg: US would benefit from more, not fewer, immigrants LATEST STORIES Google Philippines names new country director TIP-INSWarriors: Andre Iguodala started in Durant’s place and scored two points in 23 minutes. … Shot 61 percent from the field in the first quarter and made 7 of 11 3-pointers. … F Draymond Green had nine points, eight rebounds and six assists.Thunder: Oklahoma City debuted a patch with the logo of Love’s Travel Stops & Country Stores on Saturday. Earlier in the week, the Thunder became the final NBA team with a corporate sponsorship. The NBA began selling jersey sponsorships in 2017-18 when Nike became the league’s official apparel company. … Westbrook was called for a technical foul in the second quarter after he thought he got fouled on a post-up against Thompson. It was his 16th technical of the season, which means he’ll be suspended for one game unless one of his technicals is rescinded.UP NEXTWarriors: Visit the San Antonio Spurs on Monday.ADVERTISEMENT Don’t miss out on the latest news and information. Miguel Romero Polo: Bamboo technology like no other Oklahoma City Thunder guard Russell Westbrook (0) defends against Golden State Warriors guard Klay Thompson (11) during the first half of an NBA basketball game Saturday, March 16, 2019, in Oklahoma City. (AP Photo/June Frantz Hunt)OKLAHOMA CITY — Stephen Curry scored 33 points to help the Golden State Warriors roll past the Oklahoma City Thunder, 110-88 on Saturday night.Klay Thompson scored 23 points and DeMarcus Cousins added 12 points, eight rebounds and six assists for the Warriors.ADVERTISEMENTlast_img read more

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Ziva Dhoni wins hearts at Eden Gardens after Chennai Super Kings thrash KKR. Watch

first_imgZiva Dhoni had a gala time with Chennai Super Kings stars after their crushing win over Kolkata Knight Riders at the Eden Gardens on Sunday. Ziva, MS Dhoni’s daughter, is popular on social media where her videos go viral in moments.On Sunday, Ziva was in high spirits. She showed Dwayne Bravo how to wear his CSK cap, handed over (again) Imran Tahir his trophy after his career-best IPL bowling figures and then sweetly kissed Suresh Raina on the cheek. Raina had earlier hit his 36th IPL fifty in a successful run chase for the Super Kings.Ziva Dhoni has already created a sensation on social media. A few weeks back, she was seen flaunting her language skills with MS Dhoni in a viral video. Last year, Ziva was seen in several adorable videos as Chennai Super Kings made a successful return to the Indian Premier League after serving out a two-year suspension.When you receive your award once again and get to learn how to wear the cap yellovingly! #WhistlePodu #Yellove #KKRvCSK @ImranTahirSA @DJBravo47 pic.twitter.com/nquXsFTiR8Chennai Super Kings (@ChennaiIPL) April 14, 2019May even more #yellove shower upon thee! #WhistlePodu #KKRvCSK pic.twitter.com/Pr4Xu4A1QkChennai Super Kings (@ChennaiIPL) April 14, 2019This has been another happy year for the Super Kings. They have won 7 out of 8 matches in the 2019 Indian Premier League and are comfortable table-toppers.One of the most loved IPL teams of all time, CSK were mired in a controversy after their thrilling win over Rajasthan Royals in Jaipur last week. MS Dhoni had stormed onto the pitch during a tense last over to argue with the umpires over a no-ball call.advertisementMS Dhoni was subsequently fined 50 per cent of his match fee but Virender Sehwag felt he had got away too lightly. Sehwag said Dhoni should have been banned for at least 1 or 2 matches and reckoned the match referee had lost a chance to set an example.However, CSK have moved on from the controversy. A closely knit group, the Super Kings seemed to have plenty of fun and shared some laughs after continuing their winning streak in their away matches.Chennai Super Kings will now travel to Hyderabad for their clash against the Sunrisers on April 17 before flying out to Bengaluru for a match against the Royal Challengers Bangalore on April 21.Also Read | Kedar Jadhav feeds MS Dhoni from his plate after CSK win 7th matchAlso Read | Learning a lot from MS Dhoni, happy to be part of CSK, says Imran TahirAlso See:last_img read more

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a month agoSNAPPED: Ex-Liverpool striker Bobby Duncan hits Fiorentina U19 double

first_imgSNAPPED: Ex-Liverpool striker Bobby Duncan hits Fiorentina U19 doubleby Paul Vegasa month agoSend to a friendShare the loveFormer Liverpool striker Bobby Duncan is off the mark for Fiorentina.He scored twice for the Under-19 side in their 6-3 win over Bologna.Duncan made an impressive debut in a friendly against Perugia last week and then scored a header and a coolly-taken penalty on Sunday for the U19s.The 18-year-old, who is the cousin of Liverpool legend Steven Gerrard, posted a picture of himself with Fiorentina owner Rocco Commisso after Sunday’s game.Happy to score my first goals for the club today and even greater to catch up with Mr Commisso after the game. Looking forward to giving my all for the club. #forzaviolapic.twitter.com/33uQmhuS93— Bobby Duncan (@bobbyduncan999) September 15, 2019 About the authorPaul VegasShare the loveHave your saylast_img read more

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The Washington Capitals Are Lucky Because Theyre Good

The Washington Capitals are on fire right now. They’ve lost only three times since the calendar flipped to 2017 and have outscored their opponents 95 to 44 over that stretch. Aside from an 8-7 overtime loss to the rival Pittsburgh Penguins on Jan. 16, the Capitals have only surrendered more than three goals two times during their hot streak. In a league in which holding the opponent to three goals or fewer will earn you at least a shootout most nights, it’s easy to see why Washington is piling up points in the standings.Not only do the Caps own the league’s best record, but they also have the most dominant stats in hockey. They lead the league in Hockey-Reference.com’s Simple Rating System (SRS), which estimates the strength of every team in the NHL,1Technically speaking, SRS measures a team’s average goal differential after adjusting for strength of schedule. as well as team goals against average, the mark of a stingy defense. They also rank in the top five in several other major statistical categories, including goals scored per game; power play percentage; penalty kill percentage; and Corsi percentage, which estimates a team’s all-important possession rate by measuring the percentage of shot attempts it directed at the opponent’s net during games.2Adjusted for score, zone and venue.This is all to say that the Capitals look really, really ridiculously good on paper. But they’ve also ranked highly in a few key stats that are traditionally more in the realm of luck than skill. For example, they’re No. 1 in PDO, which is the sum of shooting percentage and save percentage (a notoriously unstable indicator in stathead circles), both of which the Capitals also either lead the league in or are tied for No. 1. Ordinarily, a high PDO could be seen as a red flag — suggesting that a team’s statistical résumé is like a house of cards, ready to collapse at any moment. But in Washington’s case, the team even seems to have come by the percentages that make up PDO (mostly) honestly. It’s the consequence of a roster design that could mean it’s finally Washington’s year to hoist Lord Stanley’s cup.The Capitals’ statistical excellence is nothing new — in each of the past three seasons, they’ve ranked among the NHL’s top eight in both points and SRS. Perhaps even more telling, they’ve been among the NHL’s top three in PDO for the past two seasons. Their good fortune in the percentages is commonplace by now.So how do we know Washington’s success isn’t purely based on good luck? For one thing, they’ve assembled a roster that perennially shoots the lights out. The Capitals have finished outside of the top 10 in shooting percentage only once since 2009-10. And since Barry Trotz took the helm as head coach in 2014-15, the team has ranked no worse than fourth. Only the Dallas Stars outperformed the Capitals in shooting percentage in both 2014-15 and 2015-16, but while the Stars have regressed — they sit in the middle of the pack (12th) in 2016-17 — the Capitals continue to put the puck in the net with a high degree of efficiency, thanks to that group of good shooters.A handful of said marksmen are having personal best shooting percentage seasons: T.J. Oshie, whose career shooting percentage of 13.1 percent is good for 24th among active players, is scoring on 23.7 percent of his shots in 2016-17. Frequent playoff hero3This is one of the reasons the Capitals signed him. Justin Williams has a career shooting percentage of 9.7 percent, but he’s scoring on 15.7 percent of his shots. Left winger Marcus Johansson has a career shooting percentage of 14.0 percent but is scoring on an astounding 22.9 percent of his shots. And he looks poised to shatter his career high mark for goals in a season. Some of that overachievement is bound to regress to the mean, but if the Caps’ history as a team is any indicator, Washington should be able to hold onto at least some of their improvements.That’s just one of PDO’s two (usually unstable) components. The other half of the Capitals’ brilliant, odds-beating equation is goaltender Braden Holtby. Holtby is among the best netminders in the world (his career save percentage is third-best among active goalies), and he’s only getting better. His goals against average and save percentage are both better than they were last season, and if it weren’t for Minnesota Wild goalie Devan Dubnyk’s ridiculously impressive performance in 2016-17, Holtby would be a lock for a second consecutive Vezina Trophy. Goaltending statistics can be notoriously fluky, but they tend to be more stable over a career, particularly when they’re as consistently great as Holtby’s have been.The main criticism of the Capitals — and especially their captain, Alex Ovechkin — has been that they’re playoff underachievers.4It’s hilarious to assign an “underachiever” tag to a guy who ranks sixth all-time — and first among active skaters — in goals scored per game. Alexander Ovechkin is a gift and a once-in-a-generation talent, and every hockey fan on Earth — Washington Capitals fan or not — should cherish his existence. They’ve qualified for the postseason in eight of the past nine seasons but haven’t managed to get past the conference semifinals despite having rosters stacked with such quality players as Ovechkin, Oshie, Evgeny Kuznetsov, Alexander Semin (when he was actually good), Nicklas Backstrom, Mike Green (when he was actually good), and Holtby.When juxtaposed against the Capitals’ inability to make a deep playoff run, Washington’s degree of statistical dominance suggests that, sure, perhaps the team has underachieved a bit. But there’s no doubt that Trotz and general manager Brian MacLellan have built a team poised to succeed in the modern era of the NHL. Not only do they have a group that controls the puck well, but they’ve also hacked through the noise of PDO to assemble a roster that isn’t just lucky when it beats the percentages. Who knows if the Capitals will win the Cup this year, but they’re a legitimately dominant team and, as things sit now, championship favorites. Maybe this is the year they finally shrug off the underachievers tag and deliver on that promise. read more

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The Wright start Ohio State mens basketball beats Wright State in season

If the first possession of the season was any indication of how the rest of the season may go, the Ohio State men’s basketball team is destined for success. Sophomore forward Jared Sullinger won the tip, the Buckeyes worked the ball inside, kicked it out and swung the ball around the perimeter to wide-open sophomore guard Aaron Craft who buried a three-pointer. OSU led 3-0 and never looked back. The No. 3-ranked Buckeyes dominated visiting Wright State on both ends of the floor and defeated the Raiders, 73-42. Head coach Thad Matta said he was pleased with the team’s performance. “Obviously, a good win for us opening up,” he said. “…Probably a little bit better effort of what we were looking for.” Sophomore Lenzelle Smith Jr. joined an OSU starting lineup that included Sullinger, Craft, senior William Buford and sophomore Deshaun Thomas. Sullinger led the way for the Buckeyes, scoring 19 points and nine rebounds. The Buckeyes struggled to find their offensive rhythm early on, allowing the Raiders to keep the score closer than some may have expected. OSU led, 19-14, with 7:30 remaining in the first half. “We were kind of sluggish in the first half,” Buford said. “I think some people had some jitters and needed to get the nervousness out of them.” With less than four minutes remaining in the half, Buford threw a pass to sophomore forward J.D. Weatherspoon, which Weatherspoon caught in mid-air and flushed through the hoop, giving OSU a 29-17 lead. “They came out with their best punch,” Sullinger said. “As soon as we took that punch we started elevating our game to a whole other level and we just kept pushing.” OSU’s defense was stout. Craft’s three first-half steals stifled the Raiders and helped the Buckeyes take a 34-20 lead into the locker room despite shooting 40 percent from the field and 29 percent from behind the arc. Buford struggled offensively in the first half, shooting 1-of-4 from the field, but scored six quick points to ignite the OSU offense as part of a 10-0 run to start the second half, giving the Buckeyes a 44-20 lead. Buford finished with 13 points and four assists. As OSU extended its lead, Matta began to look to his bench to finish the job. Sophomore guard Jordan Sibert and junior forward Evan Ravenel were the first Buckeyes to come off the bench, but all 12 players on the roster saw action. Matta said he was pleased with the bench players’ performance, but added that playing twelve players is not going to become a trend. “The rotation could get a little bit tighter,” Matta said, “but I thought the young guys did some pretty good things out there.” OSU next plays No. 10 Florida on Tuesday at 8 p.m. at the Schottenstein Center in Columbus, Ohio. read more

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