Move to Protect Homeowners & Fraud Victims: Pass Consumer Protection Legislation

Scammers constantly change their methods in attempting to take advantage of people in vulnerable circumstances. The financial crisis resulted in a foreclosure crisis and meant scammers trying to steal from people desperate to stay in their own homes. We need to update the protections afforded homeowners and give victims of home equity theft the tools to better seek redress - that means passing Senate Bill 6171. The measures we highlighted yesterday would strengthen the Home Equity Theft Prevention Act of 2006 to help shield consumers from scams and give those who have been victimized an easier path to peace of mind.