Word Pronunciation & Dictionary

zombie mortgage

Word Rarity Rare

Frequency: Zipf frequency 3.81 in modern English

Syllables: zom-bie -mort-gage
IPA

31

Scrabble Score

14

Letters

4

Syllables

10

Unique Chars

Meaning

noun

A second mortgage which a debtor falsely believes to be forgiven or paid off, typically arising from a mortgage lender selling the debt to another servicer without notifying the borrower.

Informal

Example Sentences

"In other words, more than 500 zombie mortgages in a single state that are now coming back to life as companies file a form with the state indicating they intend to foreclose on the property."

Usage

Informal

Inflected Forms

zombie mortgages (plural)

Questions

What does zombie mortgage mean?: A second mortgage which a debtor falsely believes to be forgiven or paid off, typically arising from a mortgage lender selling the debt to another servicer without notifying the borrower.

How to pronounce zombie mortgage

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