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And Why Is The Bank Lending Them Money In The First Place?
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This is pretty outrageous: There's a weird sect, pseudo-sort of-Muslim but going back to early last century, who go around with this scam. They go file deeds on houses they don't own -- foreclosures or, in some cases, just other people's houses -- and then get mortgages on the houses, take the money, and take off, leaving the actual owners stuck with having to try and reclaim their own houses. They've been particularly active in Chicago but have been doing this everywhere. Have they done it to you? How would you know unless you check with City Hall? (Chicago News Cooperative via New York Times)
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