ZOMBIE MORTGAGE NIGHTMARE: Homeowners Face Foreclosure Without Knowing – Shocking Report Exposes Thousands at Risk
Residents of Quincy, Massachusetts, are facing a troubling situation with the resurgence of “zombie mortgages,” which are leaving many homeowners at risk of losing their homes. These mortgages, holding second liens on properties, have resurfaced, catching homeowners off guard and leading to foreclosure proceedings without their knowledge. An investigation uncovered that thousands of old second mortgages have been subject to foreclosure activity in recent years. Shockingly, homeowners who had taken out these second mortgages during …