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Charges were filed against 41 public accused of mortgage swindle in connection with 100 properties in New York State.

Federal prosecutors charged the mortgage lenders, attorneys and others in the real estate industry with wire swindle and conspiracy cheat, according to the New York Times. Most of those charged were arrested or surrendered in New York, Pennsylvania and North Carolina.

The accused allegedly obtained more than $64 million in mortgage loans connected with the New York properties in eight separate cases. Scams included falsifying mortgage applications, stripping home equity and flipping properties.

Some of the public targeted by the New York scams were homeowners who faced the threat of foreclosure or were struggling to prepare mortgage payments. These cases are

just some of the mortgage cheat schemes happening around the country these days.

If you own a home and are having a hard moment paying on your mortgage loan, be careful who you do business with. Be skeptical of society you don’t know who show up on your doorstep or signal offering to solve your mortgage woes.  Do not get involved in schemes that require you to sign by the title to your property or buy a home you do not mean to live in.

If you need help managing your mortgage payments, contact your loan servicer to discuss your options. The division of Housing and Urban Development (HUD) plus has mortgage counselors available to work with borrowers.

Orginal post by Francine