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Eddy breaks down a shocking housing threat that sounds like fiction but is impacting real homeowners: “zombie mortgages.” Eddy reacts to the story of families who believed their second mortgages were forgiven, modified, or discharged, only to have old liens resurface years later—often without statements, without clear notice, and with massive retroactive interest. He explains how these dormant debts were bundled and sold for pennies after the 2008 crash, then strategically revived once home values rebounded post-COVID—turning homeowners’ hard-earned equity into a target. Eddy connects the issue to broader themes of generational wealth, displacement, and consumer protection, calling for stronger laws and transparency before families lose homes they’ve been paying on for years. He ends with practical guidance: if you’ve ever had a HELOC, second mortgage, or loan modification, you should verify in writing that every lien was satisfied—and if a collector contacts you, don’t panic, don’t pay immediately, and get legal help. If you've been enjoying our updates and insights, please like, subscribe, and drop a comment below. Instagram - / fluxcity_ Twitter - / fluxcity_ Media Credits PBS - • How ‘zombie mortgages’ are coming back to ... Fair Use Disclaimer * The content shared on this channel may include copyrighted material used for commentary, criticism, news reporting, teaching, research, or education purposes. All such use falls under the guidelines of Fair Use under Section 107 of the U.S. Copyright Act (17 U.S.C. § 107). We do not claim ownership of any third-party images, video clips, or audio featured in this channel’s content. All rights remain with their respective owners. Copyright ©︎ 2026 Flux City. All Rights Reserved.