Tuesday, May 20, 2008

May 20: Recording of "Kim" about some mortgage scam

Woman's voice: "Hi, this is Kim. You may be unaware that on March sixth, two thousand eight, the U.S. government passed the economic stimulus act of two thousand eight. With this legislation, the U.S. department of housing and urban development is now offering government insured loans through FHA under new conforming loan limits as high as seven hundred twenty-nine thousand seven hundred fifty dollars. In certain areas. These loans are thirty years fixed mortgages without prepayment penalties and are easier to qualify for. This is a temporary increase, which ends on December thirty-first two thousand eight. The window of opportunity is now. Take advantage of our government's efforts today. Press one now to be connected to a select plus representative to learn more about how you can benefit from this legislation. Press nine to be added to our do-not-call list. Again, press one to see how you can take advantage of these government insured programs."

"select plus representative"? Scam.

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