Homeowners warned of foreclosure scams

LOS ANGELES Cooley advises homeowners to be on alert for foreclosure rescue scammers who bait victims with too-good-to-be-true refinance plans.

"If you own a home, beware of con artists trying to swindle you during the foreclosure crisis," Cooley said. "These scams promise you miracle refinance plans, but they may steal your money, your home and your hope."

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