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Patrick proposes mortgage fraud law

He also aims to aid victims of schemes

By Kimberly Blanton
Globe Staff / April 26, 2007

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Addressing Massachusetts' rapidly escalating number of home foreclosures for the first time, Governor Deval Patrick yesterday proposed tougher enforcement and penalties in the mortgage markets, including criminal prosecution of lenders and brokers who fraudulently induce borrowers to take out home loans. (Full article: 701 words)

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