Watch CBS News

Thousands of homeowners could face foreclosure over "zombie" mortgages. Here's what to know

Potentially tens of thousands of homeowners are suddenly facing possible foreclosure, after making mortgage payments on time for years. Many "zombie" mortgages date back to the 2008 financial crisis. Consumer advocates warn a new wave of "zombies" could be on the horizon, this time from the home equity lines of credit taken out during the pandemic.
View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.