Walking Dead? Beware the Zombie Foreclosure:  Just when you thought the exotic issues regarding residential default had all been discovered, discussed and litigated, here comes the so-called zombie foreclosure. . . . Specifically, RealtyTrac defines the phenomenon as “properties that have started the foreclosure process but have never been foreclosed and the homeowner has vacated.”

Source: National Mortgage News, article by by Linda Finley AUG 6, 2014 Read the article, link here.