So you’ve just pressed the submit button on your mortgage application, and next thing you know you get a call from someone claiming to work with the lender. There was a glitch in the application, they say, and you’ll need to do it again over the phone. Stop right there—it’s mortgage spam.
While this scenario might sound far-fetched, it happened recently to a client of Jennifer Beeston’s. “They were trying to steal the client by tricking them,” says Beeston, mortgage lender and senior vice president at Rate.com. “It was a completely different company.”
