Zombie next mortgage loans are on their way to life, intimidating tens of thousands of Americans’ residential property

Zombie next mortgage loans are on their way to life, intimidating tens of thousands of Americans’ residential property

Zombie 2nd mortgage loans are on their way your, harmful thousands of Americans’ homes

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One springtime day 24 months in the past, Karen McDonough try that have beverage at the her dinning table. She resides in a comfortable nothing a few-bed room household during the Quincy, Massachusetts. She seemed away their own window and you may saw one thing strange.

«There had been such as for instance 20 automobiles, and additionally they the emerged meanwhile and they parked before the house, next door, in the path,» McDonough said. «I just got which feeling such as anything extremely crappy had occurred . like possibly anyone in the community passed away.»

McDonough put-on their own shoes, went out with the driveway and contacted a group of dudes, casually outfitted, grinding up to towards the yard. You to got a beneficial clipboard and you may seemed to be in control.

This checked impossible.

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