Dive summary:
- The ad for a rental house looks great, the "owner" asks for credit information and a deposit, and the tenants are all set – until they find out that Freddie Mac owns the property under foreclosure and that it isn't and never was for rent.
- Freddie Mac Vice President Joan Ferenczy says in a blogpost that the agency has found some of its houses on Craigslist being offered for rent.
- Unsuspecting victims find they were given a key that doesn't work or that the scammers have changed the locks and the keys do work, but then an agent shows up to secure the house and tells them that they've been had. Meanwhile, they've turned over money and credit information to someone they wish they had never met.
From the article:
Freddie Mac announced some of its real-estate owned properties are being successfully rented out. ...