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Each weekday morning, a troupe of opportunists who hope they have the Midas touch unfold camping chairs in front of the old Riverside County courthouse. On sunny days, the gathering of about 40 men and women in jeans and shorts resembles a picnic, but the faces are deadly serious.
They come with millions of dollars in cashiers checks. With this proof of their financial wherewithal, they can bid on houses being sold in foreclosure by trustees to pay off a portion of delinquent mortgages owed to banks.
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