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In this new web commercial from Freddie Mac, learn to spot a foreclosure scam and find out how to avoid becoming victim to home foreclosure fraud. (Follow this link for a Spanish version: www.youtube.com/watch?v=qQQJ6unRYaY)

Channel: Nonprofits & Activism
Uploaded: December 11, 2007 at 2:55 pm
Author: AvoidFraud

Length: 02:02
Rating: 4.72
Views: 42280

Tags: foreclosure  fraud  freddie  mac  mortgage  scam  

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Video Comments

DarkTruth33 (October 4, 2008 at 7:16 pm)
I know there are always some honest people out there but I really think it's like finding a needle in a hay stack. You give people the taste of free money and they can't resist.
DarkTruth33 (October 4, 2008 at 7:15 pm)
Yes. 100% Correct. I'm sure you won't get much love on Youtube with this view but I'm with you. It's so sad what has happened. It's the biggest case or larceny in the history of our nation. yet these people won't spend a day behind bars. We send someone in Michigan up the river for 15-30 for robbery for stealing $500.00, these people fleeced American's out of the dream and get nothing. We need to demand justice.
Yourdeadmeat69 (October 3, 2008 at 8:58 am)
This is what you get under Republican deregulation, spiders eating flies. Flies are gullible, and spiders ensnare them, hoping to flip houses repossessed three years after, when loan payments double after the adjustable period.We need a mortgage strike, nobody in America pays their mortgage for three months, then lets see how the banks react.
Yourdeadmeat69 (October 3, 2008 at 8:56 am)
If he can get a new loan larger than yours, if he can get a loan AT ALL as of this morning, I'd be surprised.
rlgllc (September 21, 2008 at 3:50 am)
Yes, there are a lot of scams out there. But there are also people out there that are legitimate and can offer refinancing options using private lenders and small local investment groups. The scammers make it difficult for home owners to trust real help.If you have a lot of equity then you CAN find someone that will lend you the money to refinance and payoff the foreclosing lender. I know this for a fact. You just need to know where to look.
DarkTruth33 (September 18, 2008 at 8:28 pm)
I really think the mortgage brokers are to blame for what has happened. I know a few of them and they told me they make as much money as they can off every loan they write, regardless if its good for the borrower or not. They talk people into loans they can't afford. Easy to tell who is the crook. The borker tells the apraiser "I need this amount to make the loan work". I think that shows who's doing what.
elwhyefefef (August 26, 2008 at 1:07 am)
Scientology = Fraudxenu {dot} net
MoeBedard (August 14, 2008 at 9:21 pm)
How ironic is this video.Fannie Mae and Freddie Mac are truely the problemif you agree with me or would like to be convince then i suggest you check out my channel
jimh3768 (August 8, 2008 at 7:00 am)
Freddie and Fannie are also a part of the problem. I got screwed...wonder where the government is to stop these people?
ScamVictimsUnited (June 29, 2008 at 2:30 pm)
Great video! Keep up the great work!
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