Bayview Finance Scam Calls - How to Protect Yourself

Scammers frequently spoof legitimate financial names (like the real U.S. mortgage servicer Bayview Asset Management or Bayview Loan Servicing) to trick consumers into thinking they have an outstanding debt or a pre-approved personal loan.

Common Tactics Used in the Scam

• The "Underwriting" Trick: Callers claim they are from the "loan processing" or "underwriting department" regarding a loan you allegedly applied for.
• Fake Urgency: The voicemail creates a tight deadline to finalize your "approval" or settle a "debt".
• High Frequency: Victims report receiving these calls every 10–15 minutes, often originating from different, spoofed local phone numbers.
• The "Press 7" Trap: The recording may tell you to "press 7 to opt-out." Do not press any buttons. Doing so simply confirms to the automated system that your phone number is active, causing the spam to increase.

Immediate Actions to Take

• Do Not Engage: Hang up immediately. Do not say "yes" or give any verbal confirmation.
• Protect Personal Information: Never share your Social Security Number (SSN), birth date, bank details, or credit card info over the phone.
• Silence Unknown Callers: Go to your mobile phone settings and turn on "Silence Unknown Callers" (iOS) or a similar spam-blocking feature (Android) to stop the phone from ringing.
• Verify Independently: If you actually have an active mortgage or account with a company named Bayview, find their official phone number directly from your original statement paper or via their secure website. Do not use the callback numbers left in the voicemail.

Where to Report the Call

If you reside in the United States, you can report these fraudulent attempts to consumer protection agencies:

• The FTC: Report the incident online at the FTC Fraud Reporting Portal or call 1-877-FTC-HELP.
• The BBB: Log the phone number and business alias on the Better Business Bureau Scam Tracker.
• Identity Theft: If you accidentally shared sensitive financial data, visit IdentityTheft.gov immediately to start a recovery plan.