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NYC launches program to help combat mortgage fraud

Posted on July 19, 2010 by pogowasright.org

William Sherman reports:

You can help catch a thief.

The city has launched a new program to immediately notify property owners when scammers try to steal their holdings with a phony deed or a bogus mortgage or lien.

The Finance Department will send the alarm by e-mail, text message or letter to any owner who has filled out a simple online form at nyc.gov/finance.

“It’s free and it’s a major step in our attack [on] this pervasive fraud,” Finance Commissioner David Frankel said.

“If you’re notified of an unauthorized transaction, immediately call 311 and the matter will be referred to the appropriate law enforcement agency.”

Read more in the NY Daily News.

Thanks to ITRC for alerting me to this item.

Category: BreachesMisc

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