Home loan modifications rife with scams and difficulties


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Sun, 05/03/2009 - 5:00pm

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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