Foreclosure scams on the rise

Friday, March 20, 2009

People facing foreclosure are becoming vulnerable to scammers promising to help modify loans. Reporter Rachel Dornhelm reports on one such scam in Oakland, Calif. and asks experts what consumers can do to stay safe.

A foreclosure sign in front of a house for sale in Stockton, Calif. (Justin Sullivan/Getty Images)

More on Housing - Real Estate, America's Financial Crisis

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