FDIC Consumer News
Important Update: Changes in FDIC Deposit Insurance Coverage
The FDIC deposit insurance rules have undergone a series of changes starting in the fall of 2008. As a result, certain previously published information related to FDIC insurance coverage may not reflect the current rules. For details about the recent changes, visit Changes in FDIC Deposit Insurance Coverage. For more information about FDIC insurance, go to www.fdic.gov/deposit/deposits/index.html or call toll-free 1-877-ASK-FDIC (1-877-275-3342). For the hearing-impaired, the number is 1-800-925-4618.
Reminder: Beware of Mortgage Rescue Frauds
Thieves posing as lenders or housing counselors continue to offer to "help" people at risk of losing their homes to foreclosure. Beware of anyone who charges a large upfront fee and "guarantees" (falsely) to save your home from foreclosure. Instead, seek help from a reputable housing counselor certified by the U.S. Department of Housing and Urban Development (HUD). Find one by contacting the nonprofit Homeowner's HOPE Hotline (1-888-995-4673 or www.995hope.org) or get a referral directly from HUD (1-800-569-4287 or www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm).