An article in the Los Angeles Times yesterday documented the sad story of a defaulted homeowner who became a victim of alleged foreclosure fraud. The homeowner said he was tricked into signing over the title of his home by a scam artist who did nothing to stop the foreclosure and then took out another loan against the property with no intention of paying it off. The article goes on to make the case that this type of foreclosure fraud is increasing along with rising foreclosures....(read more)
[via ForeclosurePulse Blog]
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