Arizona AG Releases Free Video Warning Against Foreclosure Scams

From the Office of the Arizona Attorney General:

• Stepping up his efforts to prevent home loan rescue scams, Arizona Attorney General Terry Goddard [] announced the release of a free, five-and-half-minute educational video that provides useful information about home foreclosure and tips to avoid becoming a victim of scam artists.

• The video is available on the Attorney General’s website, www.azag.gov, or on YouTube at http://www.youtube.com/user/AZAttorneyGeneral. It was made possible by last year’s historic settlement between the State of Arizona and Countrywide Financial Corporation.

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• The video will be distributed across Arizona to housing counseling offices, faith-based organizations, corporations and non-profit organizations. Residents can also contact the Attorney General’s Office at 602.542.2123 to request a copy. Goddard also noted that a new state law, which takes effect July 29, will assist efforts to stop housing scam artists. The new law prohibits "foreclosure consultants" from charging upfront fees for their services.

For the Arizona AG press release, see Terry Goddard Releases Video to Help Stop Mortgage Scams.

For the video, see Facing the Foreclosure Crisis.