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by 0cf8612b2e1e
657 days ago
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There was a Planet Money story about Zombie Mortgages. Home owners thought a second mortgage had been annulled, sometimes even being explicitly told that. Years of no statements being sent and suddenly collections was asking for money on what the home owner thought was a done deal. Even the bank was claiming it was some weird fraud attempt. So of course you could feel safe ignoring that paperwork. Until they came and sold her house out from under her. https://www.npr.org/2024/05/10/1197959049/zombie-second-mort... |
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