The Home Equity Theft Reporter: South Florida Feds Charge Three In Alleged Mortgage Scam Resulting In $6M In Fraudulently Obtained Loan Proceeds

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News related to the Foreclosure Crisis – MSFraud.org – Home Equity Theft Reporter: Wells Fargo Bank agreed to pay $42 million to settle a complaint that it failed to maintain foreclosed properties in minority neighborhoods, turning the vacant houses into dilapidated eyesores. The housing groups filed similar complaints against Bank of America and U.S. Bancorp, which are still pending.

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