Summary
Homeowners are discovering "zombie mortgages," which are unpaid loans they believed were resolved in the past. These debts can unexpectedly threaten their ownership of homes.
Key Facts
- "Zombie mortgages" refer to old loans people thought were forgiven but still exist.
- These mortgages can create financial problems for the homeowners who do not expect them.
- "Zombie mortgages" can lead to the risk of losing one's home.
- This issue was reported by economics correspondent Paul Solman and producer Diane Lincoln Estes.
- The report is part of a collaboration with Retro Report, a documentary news group.
