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AmextaFinance > Finance > Federal government goes after debt collectors over ‘zombie’ mortgages
Finance

Federal government goes after debt collectors over ‘zombie’ mortgages

News Room
Last updated: 2023/05/02 at 11:38 PM
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Rose Prophete bought her home in Canarsie, Brooklyn, N.Y. in May 2005. She thought she had paid off her loans until recently, when a company approached her about a debt she thought she had settled a long time ago.

The company expected Prophete to pay up over $130,000, or face foreclosure.

When refinancing her mortgage on the home, Prophete…

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News Room May 2, 2023 May 2, 2023
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