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Monthly Archives: June 2023

Zombie Mortgages & Foreclosure Risks

Thu Jun 8, 2023 on News

Zombie Mortgages & Foreclosure Risks

Many homeowners may have taken second mortgages, including home equity lines of credit, on their homes years ago, and thought that the underlying mortgage debt for such loans was forgiven. Other homeowners may have inherited a home without knowing that there was a second mortgage in place or bought such a home at a foreclosure auction. There are also situations […]