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Deed theft remains a growing threat for seniors, Black homeowners
['Jonathan Delozier', 'Logan Mohtashami', 'Brooklee Han', 'Richard Lawson', 'Flávia Furlan Nunes', 'Housingwire Automation']
HousingWire
Jonathan Delozier: Is deed theft getting worse or is public awareness finally catching up to the full extent of the problem?
Scott Kohanowski: I think this has always existed, and I think real estate empires have been built on deed theft, scam and predation that’s been targeting distressed communities, especially.
There hasn’t been, in New York City, a centralized agency or office that addresses all the various forms of deed theft.
Delozier: How is deed theft affecting heirs’ property transactions?
Delozier: Data fragmentation seems to be a big enabler of deed theft and all forms of real estate fraud.