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30 August 2007 09:44:09 PM

Foreclosure scams prey on homeowners

Aug. 30 - Consumer advocates and legal experts are advising homeowners to watch out for scams as foreclosure rates shoot through the roof. One popular scam is the offer to help a troubled homeowner get a new mortgage, and at a closing, trick the homeowner into sign away the deed to the property.Conway G. Gittens reports from New York

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homeowner mortgage foreclosure

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