Freddie Mac in the movie business?

Freddie Mac has just made available, on YouTube, a series of videos called:
Get The Facts On Foreclosure.

In their own brief description on the channel, they say: "Welcome to our series, Get the Facts on Foreclosure, to help you separate fact from fiction."

The videos are done in a down-to-earth manner...not some government looking guy in a suit sitting behind a desk.

However, in my opinion, the FIRST words of the FIRST Freddie video should have been, "if you are in default on your mortgage, before you talk to us and give us any information, GO SEE A GOOD FORECLOSURE DEFENSE ATTORNEY." - but no lender is going to give you that advice.

I don't want to sound too cynical, but, remember, your lender is NOT on your side! They are trying to collect on a debt when you speak with them...they even say that at the outset of each call. They may try to "work something out" with you, but their goal is to maximize their return.

Having dealt with them many, many times during short sale negotiations...their good intentions and advice expressed in these videos should be taken with a grain of salt (or two)...but I applaud them for their efforts, none the less.