The Zombie Mortgages Stalking American Homeowners

The Journal. - Podcast tekijän mukaan The Wall Street Journal & Gimlet

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  Learn more about your ad choices. Visit megaphone.fm/adchoices

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