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The Clark Howard Podcast

06.30.23 Clark Answers His Critics on Clark Stinks / Explainer: Zombie Mortgages

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 30 June 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

Friday - Clark Stinks day! Christa shares Clark Stinks posts with Clark. Submit yours at Clark.com/ClarkStinks. Also in this episode, Clark explains the rise of the zombie mortgage, with origins dating back to the lending practices of 2001 - 2007 leading to the housing bust & great recession. Learn why years later, people are now getting foreclosure notices on old home equity loans & second mortgages, and the best course of action for those facing this. Clark Stinks: Segments 1 & 2 Zombie Mortgages: Segment 3 Ask Clark: Segment 4 Mentioned on the show Warning: Never Get Roadside Assistance From Your Insurance Provider 401(k) Match: What Is It, How It Works Sam’s Club® Mastercard® Review 2022: Earn 5% Back on Gas Purchases Apple Trade In Zombie Mortgages Could Force Some Homeowners Into Foreclosure Southwest Airlines Wanna Get Away Plus UShip Review: 5 Things To Know Before You Use the Shipping Service Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

If you've ever found blood in the bathroom sink after brushing, you're not alone.

0:05.0

One in three people suffer from bleeding gums, and it could be a sign of gum disease.

0:10.0

The good news is that Courser Dill can help.

0:13.0

Courser Dill complete protection toothpaste is specially formulated to help stop

0:17.0

bleeding gums by enhancing plaque removal.

0:20.0

You can find them at your nearest supermarket or high street pharmacy.

0:23.0

For more information, visit CourserDill.co.uk

0:31.0

It's my pleasure to welcome you to the Clark Howard Show where our mission is to serve you

0:37.0

and empower you so you make better financial decisions in your life.

0:42.0

In the second half of this episode, I'm going to talk about something that is really scary,

0:49.0

zombie mortgages that could cost you your home.

0:55.0

I'm going to tell you what's going on.

0:58.0

But before we get to that, I get to hear your Clark Stinks and hear how I really

1:06.0

stunk it up this week.

1:09.0

I should have never encouraged you to speak.

1:12.0

You know what you think? I'm pretty stupid.

1:14.0

You should be ashamed of yourself.

1:15.0

Well, maybe I'm wrong, maybe I'm wrong.

1:17.0

Maybe you're right, pal.

1:22.0

All right, here we go.

1:23.0

I fully agree that everyone should have roadside assistance.

1:27.0

You get one free tow every six months.

...

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