Rescue schemes snare homeowners

The Miami Herald reports:

As rising interest rates, high energy costs and skyrocketing insurance premiums put more homeowners in danger of falling behind on their mortgages, a new crop of investors -- drawn to South Florida by soaring real estate values -- is looking to capitalize on their hard luck. As a result, consumer advocates have seen a spike in the number of homeowners losing their homes in so-called foreclosure rescue schemes.

You'll want to read the whole article.Rising interest rates have made many marginal homebuyers vulnerable.