Freddie Mac Launches Anti-Fraud Video on YouTube (TM)
January 2, 2008
Freddie Mac has launched an anti-fraud video on YouTubeTM in an effort to warn troubled borrowers about the dangers of falling victim to con artists promising to help them avoid foreclosure through various fraudulent workout options.
"With fraud reports on the rise, we are using every communication channel out there to warn borrowers about these fraudsters, and urge borrowers to call their lenders when they fall behind on their mortgage," said a Freddie Mac spokesperson. Freddie Mac’s anti-fraud video can be found at http://www.youtube.com/AvoidFraud.
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