Episode Details

Indiana’s foreclosure crisis is fueling a wave of scams targeting homeowners desperate to save their homes—like Allison Dorris, who lost $9,000 to a fake “home-saver” scheme that promised to fix her mortgage but stole her money. With Indiana ranked fifth nationally for foreclosures, scammers are exploiting public records to prey on vulnerable homeowners, especially in Indianapolis neighborhoods hardest hit. They lure victims with promises of payment relief, then demand upfront fees via risky payment methods or even title transfers. Experts warn this is “foreclosure equity stripping”—scammers stealing home equity from stressed homeowners already drowning in rising property taxes, utilities, and insurance. The Indiana Attorney General is stepping in, recovering titles and issuing urgent warnings: if you’re facing foreclosure, trust no one who asks for cash, wire transfers, or app payments—and always verify help through official channels.

Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.

Advertise on DNN:
advertise@thednn.ai

This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.

View sources & latest updates:
https://sources.thednn.ai/0c572f9df6f25193