TIME: 2 – 4 PM EST
Zombie second mortgages are loans that have been dormant for years, with little or no communication with the borrower, that resurface threating to foreclose unless the loan, plus interest and fees, are paid off in full. This webinar will look at how and zombie second mortgages emerge and what advocates can do to help borrowers. We will examine real-life fact patterns and strategies that have worked to help keep borrowers in their homes. Participants will break into small groups to review a hypothetical and strategize solutions.
Speakers:
- Andrea Bopp Stark, Senior Attorney National Consumer Law Center
- Rachel Geballe, Deputy Director Neighborhood Economic Justice Project of Brooklyn Legal Services
- Todd Kaplan, Senior Attorney, Consumer Rights Unit Greater Boston Legal Services