Planet Money: Zombie 2nd Mortgages
17 September 2024 - 33 minsKaren MacDonough had paid her mortgage for years, raised her family, and lived a quiet life in her Quincy, Massachusetts home—until one day, a group of strangers appeared on her lawn, claiming her house was up for foreclosure. What followed was a surreal discovery of “zombie mortgages,” forgotten second loans from the housing bubble era that have come back to haunt homeowners like Karen. As real estate prices rise, debt collectors are reviving these dormant debts, threatening homes across the country.
This episode is from our friends at Planet Money, a podcast about economics...possibly the biggest thing that we all collectively try not to think about, only to have it greet us at the grocer...
Series Episodes
Ask Your Doctor About
As wild and random as they might seem, a lot of work—and even poetry—goes into coming up with today's catchiest, most unforgettable drug names.
32 mins
12 May Finished
A History of the United States in 100 Objects
100 objects. 100 stories. A new history of the US hiding in plain sight.
3 mins
8 May Finished
Enshittification
Why is it suddenly so hard to fix the stuff we depend on most?
35 mins
5 May Finished
Citizen of the World
One man rejected nationality and dared the world to recognize him anyway.
40 mins
28 April Finished
Constitution Breakdown #9: Alondra Nelson
Roman and Elizabeth discuss Article VI and VII, which includes the all-important Supremacy Clause. Alondra Nelson, a leading expert on AI, is our guest.
1 hour 5 mins
24 April Finished
Co-op City
The world’s largest housing co-op—built to save New York City’s middle class—became the unlikely site of a resident revolt
37 mins
21 April Finished
