The Federal Reserve will start showing ads at movie theaters in 14 cities with high foreclosure rates. The ads are meant to try and warn people about foreclosure scam artists.
The 30 second ads open by asking “Are you facing foreclosure?". It stresses that “it shouldn’t hurt to get help!” and ends with foreclosure tips.
"Everyone goes to the movies at some point," says Sandra Braunstein, director of the Fed's Division of Consumer and Community Affairs "The more attention we can put on this, the more consumers can protect themselves from scam artists."