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  #1  
Old 06-04-2008, 03:42 AM
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Quicksilver Quicksilver is offline
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Ed McMahon's home faces foreclosure

LOS ANGELES, California (CNN) -- The foreclosure problems sweeping the United States apparently have ensnared Ed McMahon, who is best known as Johnny Carson's sidekick on "The Tonight Show."

ReconTrust reportedly filed a notice of default related to a loan for Ed McMahon's house.

The Wall Street Journal reported Tuesday that McMahon was $644,000 in arrears on a $4.8 million loan for a home in Beverly Hills, California.

McMahon's spokesman, Howard Bragman, confirmed to CNN late Tuesday that McMahon is in discussions with his lender and hopes to find a resolution.

The newspaper reported that ReconTrust, a division of Countrywide Financial, filed a notice of default related to a loan for McMahon's house in Los Angeles County Recorder's Court on Feb. 28. It said his house has been on the market for about two years.
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Old 06-04-2008, 06:07 AM
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Wagner Wagner is offline
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Guess he needs to win that sweepstakes he was pimpin'.
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Old 06-04-2008, 06:25 AM
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I Forgot all about that.

Wonder what happen Ed???


Quote:
Originally Posted by Wagner
Guess he needs to win that sweepstakes he was pimpin'.
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Old 06-04-2008, 09:23 AM
x54.4blue x54.4blue is offline
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It is sad when you get old an your earning ability goes down

If they ran Carson reruns he would be better off.
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Old 06-04-2008, 10:44 PM
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Apparently McMahon fell and broke his neck about 18 months ago, preventing him from working. His health problems and the weak housing market forced him into foreclosure proceedings. But he's working his way thru it

http://news.yahoo.com/s/nm/20080604/...g_mcmahon_dc_1
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Old 06-04-2008, 11:08 PM
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Quote:
Originally Posted by Quicksilver
Apparently McMahon fell and broke his neck about 18 months ago, preventing him from working. His health problems and the weak housing market forced him into foreclosure proceedings. But he's working his way thru it

http://news.yahoo.com/s/nm/20080604/...g_mcmahon_dc_1

Thats hardship, unlike everyone who bought a top spec house they couldn't afford.
I say best of luck.
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