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Freddie Mac produced this video to educate borrowers who face foreclosure about a fraud scheme where "a con artist will seek out a public notice of foreclosure and approach the potential victim with documents and the promise of sorting out the debt," thereby tricking the homeowner into signing over the deed to the house.
"Avoid Fraud" video [YouTube]
Official "Avoid Fraud" website [Freddie Mac]
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"Online video helps troubled borrowers spot fraud" [Reuters]
5:08 PM on Wed Dec 12 2007
By Chris Walters
1,291 views
5 comments
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