Zombie Mortgages

Recent Posts in Zombie Mortgages

  • How Judges Can Help Prevent Zombie Foreclosures

    According to RealtyTrac, 25 percent of foreclosures in the U.S. are “zombies” – homes with no clear ownership of title. This happens when the owner has vacated the property, but the lender has not yet closed the case and taken over ...
  • Zombie Foreclosures Are Back -- Again

    The Woodstock Institute recently revived the concept of zombie foreclosures and mortgages by issuing a new report. The report details the patterns of zombie properties in Cook County. For those who aren't familiar with the term, zombie properties ...