Trump Gutted Agency Investigating Zombie #Mortgage #DebtCollectors
Bloomberg identified more than two dozen firms that took over second loans belonging to at least 12,000 homeowners. These “zombie debt collectors” were among the most active in pursuing old second #mortgages and faced lawsuits from borrowers who contested their efforts to collect. Hundreds of thousands more borrowers remain exposed on more than $32 billion of the old loans.
https://www.bloomberg.com/graphics/2025-zombie-home-mortgage-debt-collection-investigation/
https://archive.ph/xC6yp
#CFPB
Trump, Vought Gut CFPB Stalling Progress on Zombie Loans

The Trump administration gutted the agency investigating firms involved in collecting zombie mortgages. A new Bloomberg analysis shows just how widespread these debt collections have become.

Bloomberg