Zombie Second Mortgage Resources
These NCLC Digital Library resources explain what zombie second mortgages are, why they are such a problem, and ways homeowners can stop foreclosures.
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Hodges v. NewRez, LLC d/b/a Shellpoint Mortgage Servicing and The Bank of New York Mellon
Hodges v. NewRez, LLC d/b/a Shellpoint Mortgage Servicing and The Bank of New York Mellon, 1:25-cv-10147 (D. Mass.) The case seeks classwide relief against mortgage servicer NewRez, LLC, and loan holder Bank of New York Mellon for their mishandling of “zombie” second mortgages. The complaint alleges that the defendants failed, as a matter of systematic…
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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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