Fed will air movie theater PSA on foreclosure scams

Moviegoers on April 10th will be treated to a most unusual preview: one from the U.S. Federal Reserve.

The Fed has created 30-second public service announcements set to screen before movies warning of mortgage and foreclosure scams.

The ads will air for a week, Variety reported, and will be shown in theaters in states especially affected by the foreclosure crisis: California, Nevada, Florida, Ohio, Michigan, Arizona and Georgia.

The total cost of the campaign is around $9,000.

Watch a copy of the ad below, courtesy of the Wall Street Journal:

Tags Business Contact Details Economics Entertainment Foreclosure Mortgage Real estate Real property law United States housing bubble

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