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      Homeowners warned about foreclosure 'rescue' scams

      Posted by Jeff from Seattle Post-Intelligencer

      oreclosure-rescue scams are on the rise as "a collision of events" force more people into foreclosure, said Chuck Cross, division director of the state Department of Financial Institutions, which investigates such fraud. Homeowners who took out mortgages they could barely afford or borrowed too much against their equity are prime targets.

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    Newshogg

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    Auckland, New Zealand


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