When millions of foreclosures suddenly flooded the market at the onset of the housing crash, home owners knew little to nothing about holding onto their homes or how to recover if they got the boot.
Misinformation and fraud compounded the effects of slow regulatory action and lackadaisical response from the lending industry.
Uncharted waters were submerged in rumors, speculation, conjecture and ignorance.
Years later, foreclosure myths endure.
Freddie Mac, one of the nation's largest home loan investors, initially charged with expanding opportunities for home ownership and now focused on the liquidity needs of the mortgage market, is also about myth busting.