I think I have been a victim of mortgage scam. - What to do
Okay. You have 2 problems. Your first problem is that you woe $15000 on 4 credit cards. Your second problem is that you're paying high interests on mortgage.
Solution: Do you have equity in your home? If so, then you can use cash-out refinancing to pay off your mortgage and credit cards. But in this case, check the interest on your new mortgage. The interest should be lower than your present mortgage.
In a cash-out refinancing people take out a new and bigger loan for repaying their existing debts.
Well, as SC has suggested, cash-out refinancing is an option.
You can also opt to repay your credit cards with the help of consolidation and/or settlement. Weigh the advantages and disadvantages of each of there options and make the decision that suits you the best.
I would suggest you compare both these options and if required, talk to a person who can help you out!