Federal Reserve Foreclosure Avoidance Scam Ad
The Federal Reserve has created an 30-second advertisement
which will direct consumers to free resources on avoiding foreclosure scams at www.federalreserve.gov. These include the "5 Tips for Avoiding
Foreclosure Scams" and other mortgage foreclosure resources. The ad will begin airing in movie
theaters across nine U.S. states in mid-April 2009. The states, selected based on a high incidence of
Virginia.
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