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Government cracking down on mortgage scams (AP)

April 13th, 2009 · Permalink

Demonstrators from ACORN's Home Defenders rally outside the foreclosed home of Marie Elie in Elmont, New York, April 9, 2009.  The group is asking to stop evictions and to implement a one year foreclosure moratorium that would establish a delay between the moment where a mortgage lender has proven entitlement to foreclosure and the actual court order which transfers title and enables foreclosure to proceed.   REUTERS/Shannon Stapleton   (UNITED STATES BUSINESS SOCIETY)AP - Federal and state officials are cracking down on mortgage modification scams, accusing “criminal actors” of preying on desperate borrowers caught up in the nation’s housing crisis.




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