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Brooklyn foreclosures are having a magnetic effect on immigrants especially. Preventive measures to protect the buyer from losing mortgages has however, led to a dramatic fall in rates of Brooklyn foreclosures. Plans are in the wake to stimulate sale of Brooklyn foreclosures stocks by providing home buyers with financial help. A fund is planned to be created by setting aside 15% of new taxes on property. This will induce home buyers buy more homes and avoid more foreclosures on property.