Mortgage Scam Alert: How Criminals Are Stealing Your Home Equity
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 29 January 2025
⏱️ 53 minutes
🧾️ Download transcript
Summary
The Federal Communications Commission has uncovered a sophisticated mortgage lending scheme implemented by scammers who seek payment through unconventional methods.
Today's Stocks & Topics: NVDA - NVIDIA Corp., Market Wrap, LVMUY - LVMH Moet Hennessy Louis Vuitton ADR, Mortgage Scam Alert: How Criminals Are Stealing Your Home Equity, IFP - Interfor Corp., Long-Term Treasuries, AIRR - First Trust RBA American Industrial Renaissance ETF, ITRN - Ituran Location & Control Ltd., Cryptocurrency, BRKB - Berkshire Hathaway Inc. Cl B, The Stock Market and Artificial Intelligent.
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Transcript
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| 0:00.0 | On radio, on YouTube, streaming live on invest talk.com, and for our podcast subscribers, this is InvestTalk. Incependent thinking, shared success. |
| 0:17.8 | InvestTalk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United States. |
| 0:27.1 | Here is KPP Financial Portfolio Manager, Luke Guerrero. |
| 0:33.7 | Good afternoon, fellow investors, and welcome back to Invest Talk. |
| 0:38.3 | My name is Luke Guerrero, and it is Tuesday, January 2028. |
| 0:42.3 | Sorry, that is not a day of the month, January 28th, 2025. |
| 0:47.3 | And as always, I'm very excited to be here with you today. |
| 0:51.3 | Now, we are one week in now, officially officially to President Donald Trump's second term. And what |
| 0:58.7 | a week has been? There have certainly been a lot of policy changes. There have been some AI surprises |
| 1:04.2 | that riled markets a little bit. And certainly we are in for a continuation of this theme. |
| 1:12.1 | 2023 and 2024 were incredible years for market returns. |
| 1:18.0 | So what is 2025 going to be about? |
| 1:20.9 | And that question can only be answered as time goes on. |
| 1:24.0 | And certainly we here in InvestTalk are excited to be a part of that journey with you. |
| 1:30.2 | Now, every day we come here, five days a week, except on holidays. |
| 1:34.5 | Sometimes Justin, sometimes me, sometimes, both of us. |
| 1:38.1 | And our goal is to help make you a better and more informed investor. |
| 1:41.9 | But we can't do that without your help. As you know, this show is |
| 1:46.9 | driven by you. Your finance and investment questions help us understand what you care about. |
| 1:55.0 | Which is why today, as always, before we run down how the market did, how it recovered, before we talk about |
| 2:03.6 | those show topics that we bring to the table, we're going to dive right in and answer this |
| 2:07.7 | caller question. |
... |
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