Industry News

New York law aimed at foreclosure rescue scams

Buyers of homes in foreclosure must provide full disclosure of terms
Published on Aug 8, 2006

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by CareyBot

New York has a new law on the books aimed at fraudulent foreclosure rescue scams that trick homeowners into signing their deeds over without compensating them for the equity they’ve accrued in their homes. The Home Equity Theft Prevention Act, ...

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