Connecting Older Adults with Community-based Resources and Options The Area Agency on Aging of Suburban Cook County, since 1974

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Mortgage Fraud Resources

 

State of Illinois Mortgage Fraud Hotline

If you think you may have been a victim of mortgage fraud, contact the Illinois Mortgage Fraud Hotline at 1-800-532-8785 or the Illinois Department of Financial and Professional Regulation at 1-877-793-3470.

 

 

Americans for Fairness in Lending

The Americans for Fairness in Lending website offers information about how to file a complaint against a lender, based on how and by whom the lender is regulated:

http://www.affil.org/get_active/complaint.php

 

Illinois Attorney General's Mortgage Lending Guide

This resource contains information on how to avoid predatory loans, foreclosure, and foreclosure "rescue" scams:

www.illinoisattorneygeneral.gov/consumers/mor_lend_guide.pdf

The Attorney General's Office also has a homeowner's referral helpline to help Illinois consumers avoid foreclosure. Contact your closest Attorney General's Office at one of the following numbers:

Chicago: 1-800-386-5438

Springfield: 1-800-243-0618

Carbondale: 1-800-243-0607

 

U.S. Department of Housing and Urban Development (HUD)

HUD certified housing counselors can give consumers advice on buying a home, renting, default, foreclosure avoidance, credit issues or reverse mortgages. Find a counselor by calling 1-800-569-4287 or visiting HUD's website:

www.hud.gov/offices/hsg/sfh/hcc/hccprof14.cfm

HUD also offers the HOPE hotline for consumers behind on their mortgage payments: 1-888-995-HOPE (4673)

HUD guide to avoiding foreclosure: www.hud.gov/foreclosure/index.cfm

HUD information on Reverse Mortgages: www.hud.gov/offices/hsg/sfh/hecm/rmtopten.cfm

 

AARP Reverse Mortgage Information

AARP offers a great deal of information on reverse mortgages and how to avoid scams related to reverse mortgages:

www.aarp.org/money/personal/reverse_mortgages/

AARP "Home Made Money" Consumer's Guide to Reverse Mortgages: http://assets.aarp.org/www.aarp.org_/articles/revmort/ homeMadeMoney.pdf