Released: November 01, 2009

Fraud watch for homeowners

Source: Bob Tedeschi, New York Times (Free Registration)

Mortgage fraud continues to expand, in both the number of incidents and the methods that criminals use to strip equity from homeowners and lenders. Now a new online service offers free help to keep homeowners safe from an emerging form of fraud known as “house theft.”

Like other real estate Web sites, this new service, called ePropertyWatch.com, provides informal home appraisals and other information to help track neighborhood real estate activity.

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