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If it’s too good to be true – it probably is.
That was the message from Mayor Bloomberg and other officials Thursday as they kicked off a national campaign in the Bronx to combat mortgage fraud.
City residents facing foreclosure have been beset by con artists promising low-interest loan restructuring and other easy outs from a mountain of debt.
From now until March 31, an animated Times Square billboard will promote the campaign, along with free counseling and services for those facing foreclosure.
From the NY Daily News
