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Home loan modifications rife with scams and difficulties

program: 
Evening News
program date: 
Sun, 05/03/2009

The home foreclosure crisis has created a booming industry of firms promising to stop foreclosure. A growing number are flat out scams. To counter the predators, the Oregon Department of Consumer and Business Services held a home preservation event at the Memorial Coliseum on Saturday. More than 500 people received trusted advice from non-profit counselors, bank representatives and attorneys. For more on this we turn to KBOO reporter David Rosenfeld.

 

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