Resurrecting Debt: The Zombie Mortgage Crisis

This chapter explores the resurgence of zombie second mortgages amid rising home values, highlighting personal stories of individuals facing unexpected foreclosure threats. It examines the complexities of mortgage modifications and the often-overlooked implications of dormant debts that suddenly resurface. Through the lens of a woman's distressing experience, the narrative sheds light on broader market trends and the vulnerabilities homeowners encounter in a tumultuous financial landscape.