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What is a zombie mortgage? Couple facing foreclosure because of ‘zombie’ loan | What to know

CARSON, Calif. — A Carson, California couple is facing foreclosure because of what’s known as a “zombie loan.” That term refers to a second mortgage that seemed to have been forgiven or written off – until years later when a collector reaches out about the unknown, but supposedly unpaid, debt. Such confusion over mortgages has led to […]

The post What is a zombie mortgage? Couple Facing Foreclosure because of 'zombie' loan | What to know first appeared on FORECLOSURE FRAUD.



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What is a zombie mortgage? Couple facing foreclosure because of ‘zombie’ loan | What to know

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