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Resource ID: #18505
Subject: Real Estate
Source: Denver Post
Affiliation: 
Date: Feb. 25

Description

In a five-month investigation of the foreclosure business, Denver Post finds that homeowners and tenants have been victimized by foreclosure investors who forged house deeds and other documents. Some people who signed agreements, hoping to save their houses, soon lost the property, the story reveals. At the same time investors have been making double or triple more than what they originally spent to get a deed. The investigation finds that most often the object of fraud have been low-income and unschooled residents, as well as minorities.

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