Up First from NPR
Up First from NPR
NPR
The Sunday Story: Planet Money Investigates Zombie 2nd Mortgages
31 minutes Posted May 26, 2024 at 7:00 am.
0:00
31:28
Download MP3
Show notes
Imagine being a homeowner and paying your mortgage on time every month and then, suddenly, losing your house to foreclosure. It sounds like a nightmare. But an NPR Planet Money investigation reveals that this is happening to a striking number of people because of something called 'zombie 2nd mortgages.' On today's episode: What are zombie mortgages? Is all this legal? And is there any way for homeowners to fight the zombies?

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy