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Economy: Foreclosure Fraud #933549

CBS Evening News for Thursday, Feb 12, 2009
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(Studio: Katie Couric) RealtyTrac statistics on foreclosures cited.

(Florida: Armen Keteyian) Scams involving companies that promise to reduce monthly payments for homeowners examined; details given about the scheme run by Outreach Housing of Fort Lauderdale. [Florida attorney general special counsel Scott PALMER†- comments on the increase in foreclosure fraud.] [Homeowner Frank ROSA†, several VICTIMS – comment on their losses.] [Florida attorney general Bill McCOLLUM†- says it was greed.] [Former Outreach Housing director Blair WRIGHT†- says the banks are the bigger villain.]

Couric, Katie;
Keteyian, Armen

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