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2012-07-21 — newsday.com
ALBANY - After making national headlines during the home foreclosure crisis, Attorney General Eric Schneiderman announced a proposal Wednesday to create a new crime in New York: foreclosure fraud. The measure would make it a felony for firms to engage in "robo-signing," a fraudulent practice that allowed companies to rapidly pursue foreclosures, triggering an explosion in cases. In some instances, the practice led to unlawful foreclosure proceedings. ...
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