Zombie Mortgages Saddle Homeowners With Large Unexpected Debts
Photographer: Rachel Bujalski/Bloomberg Zombie Debt Part I Pay Up or Move Out By Noah BuhayarCoulter JonesEric FanJeff KaoJeremy Diamond October 6, 2025 Scott Amable remembers answering the doorbell. A man in jeans and a plaid shirt was standing at the threshold, craning his neck to see inside. Scott’s wife, Kari, looked on from the living room in disbelief as the man informed them that they were no longer homeowners. “This gentleman shows up at our door and says, ‘I bought your house. Yo...
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