June 23, 2023

The Zombie Mortgages Stalking American Homeowners

by The Journal

Long-dormant mortgages are coming back to bite. Homeowners around the country are facing large bills and even foreclosure threats from investors who own their second mortgages, often made more than a decade ago. We talk to WSJ’s Ben Eisen and a homeowner about why these seemingly dead mortgages are now coming back to life.

Further Reading:

- Zombie Mortgages Could Force Some Homeowners Into Foreclosure 

Further Listening:

- Investors are Buying Up Homes. Cincinnati is Pushing Back  

- The Downfall of a Real Estate Empire 

Where to Listen