Zombie next mortgages are on their way to life, threatening thousands of Americans’ home
Zombie 2nd mortgage loans are coming alive, threatening tens of thousands of Americans’ residential property
You to springtime early morning 2 years in the past, Karen McDonough try with teas from the their own dinning table. She resides in a cozy little a few-rooms family inside Quincy, Massachusetts. She looked aside their windows and you may saw something uncommon.
“There have been particularly 20 cars, and so they all came at the same time plus they left facing my house, across the street, in the street,” McDonough said. “I just got that it effect such as for instance anything extremely bad got took place . for example maybe anybody in the neighborhood died.”
McDonough put-on their own sneakers, sought out on the driveway and you may approached a team of men, casually dressed up, milling doing into lawn. One got good clipboard and appeared to be in control.
