Zombie foreclosures.
This bizarre term refers to a bizarre, little-known but very real horror of the U.S. housing bust that is crippling homeowners coast to coast, six years in.
Thousands are finding themselves legally liable for houses they didn't know they still owned after banks decided it wasn't worth their while to complete foreclosures.
With impunity, banks walk away from foreclosures much the way some homeowners walked away from their mortgages when the housing market first crashed.
