Owners may still owe on mortgage
SACRAMENTO , Calif. — Homeowners defaulting on mortgages today may be surprised to learn years from now that they still owe thousands of dollars — and a collection agency very well may be coming to get it.
That’s because lenders have been quietly selling second mortgages and home equity lines left unpaid after foreclosures and short sales.
If they win court judgments, these collectors could h...
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