Sample Zombie Second Mortgage Letter (NOE)

Many second mortgages made before the last housing crisis contained abusive and unfair terms. Borrowers were unable to continue payments and because there was no equity in the homes, many lenders charged them off and sold to debt buyers. Now that the housing market is booming, these debt buyers are coming out of the woodwork to foreclose. Learn about how to use the FDCPA and other claims to defend against zombie second mortgages. —Kristi C. Kelly, (Kelly Guzzo, PLC) & Rachel Scott (Atlanta Legal Aid Society, Inc.)