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'Zombie mortgages' could be attached to a property, even if they were charged off years ago
Financial experts worry there are thousands of these so-called "zombie mortgages" handled by many different companies, and homeowners might not be aware of the consequences.
In this episode, the Dark Web Deacon will define what mortgage fraud is, examine several different sub-categories of mortgage fraud, discuss some current stats and detail the drivers that spur on mortgage fraud and how to protect yourself from it.
The homeowner foreclosure timeline can vary depending on local laws, the lender's policies, and individual circumstances. Below is a simplified overview of the typical stages in a homeowner foreclosure timeline