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ATF a tad too aggressive with foreclosure

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American Tax Funding was a knight in shining armor when it arrived in Schenectady nine years ago, bailing out the cash-poor city by buying up liens on hundreds of tax-delinquent properties for millions of dollars, giving the owners time to pay off their arrears and agreeing to be lenient when it came to foreclosure. Over time, the company’s relationship with the city soured, and it has taken off its gloves and begun foreclosing on lots ...

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