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As US foreclosures mount, states step in: New laws aim to prevent fraud, and states are creating task forces and designating funds to deal with the issue.

Date: April 5, 2007
Authors: Alexandra Marks and Ron Scherer
QUOTE: Soaring foreclosure rates are sending states scrambling...Their goal: to protect homeowners from a new crop of scam artists who claim they will "rescue" borrowers. At the same time, some states are forming funds that could provide affordable fixed-rate mortgages to those on the precipice of losing their homes.

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