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April 24, 2017

More people lose homes in foreclosure scams

  • Deed thefts happen in many ways, from people transferring the home of an unwitting family member into their name, to fake housing assistance businesses that prey on people.
    • By MATT SEDENSKY
    AP National Writer

    NEW YORK — The phone call came as Raymond Murray neared the bottom of his luck. His wife had died, his career had been ended by injuries, and struggling to get by on his disability check, he had scraped together just enough to pay a lawyer to avoid imminent foreclosure on his modest Brooklyn home.

    The man on the phone offered a godsend: The foreclosure could be averted, the legal fees could be eliminated and the monthly mortgage payment he could no longer afford could be trimmed.


     
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