Debt Collection

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X @Bloomberg
Bloomberg· 2025-10-07 16:00
Fifteen years after one family’s $98,000 second mortgage was canceled, a debt collector showed up demanding nearly $200,000. When the family didn’t pay, the company foreclosed. It wasn’t a mistake. It’s a business model.Read the Big Take ⬇️ https://t.co/WU8WwlARId ...
X @Bloomberg
Bloomberg· 2025-10-07 10:10
Fifteen years after one family’s $98,000 second mortgage was canceled, a debt collector showed up demanding nearly $200,000. When the family didn’t pay, the company foreclosed. It wasn’t a mistake. It’s a business model.Read the Big Take ⬇️ https://t.co/Bgx2v54Hli ...
X @Bloomberg
Bloomberg· 2025-10-07 05:40
Fifteen years after one family’s $98,000 second mortgage was canceled, a debt collector showed up demanding nearly $200,000. When the family didn’t pay, the company foreclosed. It wasn’t a mistake. It’s a business model.Read the Big Take ⬇️ https://t.co/spq0jrgNo2 ...
X @Bloomberg
Bloomberg· 2025-10-07 03:15
Fifteen years after one family’s $98,000 second mortgage was canceled, a debt collector showed up demanding nearly $200,000. When the family didn’t pay, the company foreclosed. It wasn’t a mistake. It’s a business model.Read the Big Take ⬇️ https://t.co/K33Gdw4pkM ...
X @Bloomberg
Bloomberg· 2025-10-06 23:00
Fifteen years after one family’s $98,000 second mortgage was canceled, a debt collector showed up demanding nearly $200,000. When the family didn’t pay, the company foreclosed. It wasn’t a mistake. It’s a business model.Read the Big Take ⬇️ https://t.co/Z1zGr5bI2t ...
X @Bloomberg
Bloomberg· 2025-10-06 21:02
"I bought your house. You need to move out."Across the country, zombie mortgages (second mortgages taken out before the 2008 housing crash) are coming back to life. Debt collectors have scooped up these sometimes forgiven loans and are cashing in. Coulter Jones explains https://t.co/E5ZVkjcANN ...