EDEN PRAIRIE, Minn. - There's a word of warning about companies promising to save a foreclosed home. The Attorney General's office and some local non-profits are seeing homeowners get scammed after paying an upfront fee, and then the company takes the money and disappears. So far, the AG has sued 12 out of state companies who charged an upfront fee and promised they could keep a person in their home, but didn't deliver.
Minnesota passed a law that a company can not charge an upfront fee and provide nothing. Attorney General Lori Swanson is pushing for this to become a federal law.
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