2025 Mortgage Conference
The Mortgage Conference in Los Angeles, California features expert-led sessions on the fundamentals of mortgage law and the latest updates on foreclosure prevention policies and practices.
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Checklist for Identifying a Zombie Second Mortgage
The NCLC Zombie Mortgage Checklist provides suggestions for gathering information and documents to help determine if an advocate’s client has a zombie second mortgage and if there may be claims against the lender or servicer that would enable a client to challenge the foreclosure, negotiate an affordable loan modification, and obtain other relief to allow…
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Comments to Massachusetts Division of Banks on Proposed Amendments to Debt Collection and Mortgage Servicing Rules
These comments respond to proposed amendments to the Massachusetts Division of Banks (DOB) debt collection and mortgage servicing regulations. The comments raise concerns about DOB’s proposal to replace existing regulations with federal debt collection regulations (Regulation F) and to exempt “passive debt buyers.” The comments also propose suggestions to strengthen the DOB’s mortgage servicing regulations.
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NPR: Massachusetts is going after a company collecting on 'zombie second mortgages
A Airing on NPR on November 1, Chris Arnold talks to NCLC senior attorney Andrea Bopp Stark about how the Massachusetts AG is cracking down on a company collecting on “zombie second mortgages” — old loans that homeowners thought were dead but rise from the grave. “I think it’s groundbreaking. I think it’s really hopeful,…
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How States Can Protect Homeowners Facing Zombie Second Mortgages: Suggested Language for a Second Mortgage Foreclosure Bill
There has been limited action at the federal level to address unfair and deceptive zombie second mortgages. It is up to the states to act to protect homeowners trapped by a debt they believed was long behind them. This issue brief provides suggestions for statutory language that states can amend existing consumer protection statutes or…
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2025 Consumer Protection Federal Priorities
NCLC will pursue common-sense regulatory and legislative reforms to ensure fairness, fight fraud, and protect consumers in 2025.
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