Do you want to trust this Freddy Mac advertisement found on YouTube?

Following are some of the comments. The first one is from Barbara Ann Coleman Jackson, a Louisiana resident, who seems to have had a personal run-in with a fraudulent loan servicer. Her background as a paralegal informs her remarks.

Freddie Mac’s warning on You Tube about foreclosure scams is contradictory. Representation about $$$ billion dollar losses due to people defaulting on mortgages should be weighed against the fact that Freddie Mac and Wells Fargo needlessly pay DEBT COLLECTION firms outrageous legal fees for corporate lawyers to outmaneuver –and even persecute people who file court proceedings in opposition to fraudulent foreclosures.

FORECLOSURE FRAUD enables MORTGAGE LENDERS to ILLEGALLY FLIP properties….In Louisiana, Wells Fargo and FREDDIE MAC greatly benefit from fraudulent foreclosures. Irrefutable PROOF of White Collar real estate and mortgage fraud is posted on my www.lawgrace.org website.

Who/What is Freddie Mac?

The Federal Home Loan Mortgage Corporation ("FHLMC") NYSE: FRE, commonly known as Freddie Mac, is a government-sponsored enterprise (GSE) of the United States Government. As a GSE, it is a stockholder-owned corporation authorized to make loans and loan guarantees. The FHLMC was created in 1970 to expand the secondary market for mortgages in the United States. Along with other GSEs, Freddie Mac buys mortgages on the secondary market, pools them, and sells them as mortgage-backed securities to investors on the open market. This secondary mortgage market helps to replenish the supply of lendable money for mortgages and ensures that money continues to be available for new home purchases. The name "Freddie Mac" is a creative acronym-portmanteau of the company's full name that has been adopted officially for ease of identification

You'll remember from prior blogs that the bundling and reselling of mortgages, particularly as securities, has been perhaps the largest player in the mortgage and foreclosure wasteland.

Here's another comment, posted as a question:

Question for FANNY: What do you do when the foreclosure fraud starts with the SERVICER??? –notu286

The vitriol was flying. Consider this viewpoint: 

The video describes a perfectly legal transaction. This is typical heavy handed democrat propaganda. Pure Bullspit! To portray a perfectly good pre-forclosure sale transaction as a scam! At least this 'scam' will leave the former owners with a little money in their pocket. The foreclosure sales certainly will not! There are a lot more honest investors out there than scoundrels. And of course, business is business! –Odeccut99

What is Freddie Mac trying to accomplish here? Trying to cover its own hide? Trying to keep from losing the loan to someone else? I hope people more knowledgeable about this will comment and explain in simple language, without legal jargon and acronyms, what their purpose could be.

I want to repeat that this video is an advertisement. Here's the description added by the poster whose YouTube name is "AvoidFraud." The profile links back to the FreddieMac website.

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.

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