Smashing Estate

Treasury Secretary Tim Geithner said that during the rise of the Obama’s administration program to rescue troubled homeowners, several federal agencies are gathering up to battle mortgage and proceeding scams. $75 billion effort of the administration to help as many as 9 million mortgage holders get new or refinanced loans is drawing a lot of interest from homeowners, Treasury Department officials explained.

Treasury Secretary Tim Geithner said,

Those who would seek to prey on the most vulnerable also seek to intensify their efforts as well, we will aggressively pursue those involved in mortgage rescue scams.

The Department of Justice, Treasury, The Department of Housing and Urban Development will be leading the effort from Washington. The State attorneys general will also be participating.