zombie mortgages
zombie mortgages is the plural of zombie mortgage.
Meaning of zombie mortgage
Noun
zombie mortgage (plural zombie mortgages)
- A second mortgage which a debtor falsely believes to be forgiven or paid off, typically arising from a mortgage lender selling the debt to another servicer without notifying the borrower.
- In other words, more than 500 zombie mortgages in a single state that are now coming back to life as companies file a form with the state indicating they intend to foreclose on the property.2023 May 10, Chris Arnold, et al., “Zombie 2nd mortgages are coming to life, threatening thousands of Americans' homes”, in NPR, archived from the original on 22 Jul 2024
Questions about zombie mortgages
- What is zombie mortgages the plural of?
- Zombie mortgages is the plural of zombie mortgage.
Words near zombie mortgages in the dictionary
Source and license
Adapted from Wiktionary: zombie mortgages (page history and authors); zombie mortgage (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “zombie mortgages.” Word.ws, https://word.ws/zombie_mortgages. Based on Wiktionary, CC BY-SA 4.0.
