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Resource ID: #7455
Subject: Mortgages
Source: KMSP-TV (Minneapolis)
Date: 1990-11-15



KMSP-TV (Minneapolis) details how one man used dozens of phony corporations to assume mortgages from townhomes and condos, netted $50,000 a month renting out homes and ignoring mortgage payments; original owners were liable for mortgages when banks foreclosed, Nov. 13 - 15, 1990.

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