Thursday, December 8

Tag: real estate

“Zombie Debt”: Homeowners face foreclosure on old mortgages
Business

“Zombie Debt”: Homeowners face foreclosure on old mortgages

Rose Prophete thought the second mortgage loan on her Brooklyn home was resolved about a decade ago — until she received paperwork claiming she owed more than $130,000."I was shocked," said Prophete, who refinanced her two-family home in 2006, six years after arriving from Haiti. "I don't even know these people because they never contacted me. They never called me."Prophete is part of a wave of homeowners who say they were blindsided by the start of foreclosure actions on their homes over second loans that were taken out more than a decade ago. The trusts and mortgage loan servicers behind the actions say the loans were defaulted on years ago. Some of these homeowners say they weren't even aware they had a second mortgage because of confusing loa...
Monthly Agenda June 2022: Plan ahead for the month’s best entertainment
Entertainment

Monthly Agenda June 2022: Plan ahead for the month’s best entertainment

June 17: Heroes at Last perform at Live Under the Oaks Make plans and reservations, and  buy tickets for these fun events. June 1 OneBlood Blood Drive 10 am – 3 pm. Help save a life and get a $20 gift card. Cornelius Town Hall. June 2 Live music 6-9 pm. The Dropouts. LangTree Lake Norman, 401 Langtree Road, Mooresville. Join the Lake Norman Bridge Center  The Carolina Soul Band performs June 3 in Mooresville. Courtesy Carolina Soul Band Facebook page 12:30-4pm Thursdays at Cornelius Town Hall, 21445 Catawba Ave., if you have an interest in learning the game of bridge or want to develop your playing, bidding, and defense skills. All ages and skill levels are welcome. $5 per day, pay at the door. June 3 Rock the Park summer concert series  Carolina Soul Band brings soul sounds of groups lik...