As if being in prison wasn't bad enough. O.J. Simpson's life has
taken another sour turn: He's now facing foreclosure on his Kendall,
Fla. home. Simpson's mortgage lender, JP Morgan Chase (JPM, Fortune 500),
initially filed its intention to foreclose on the former football
star's four-bedroom, 4,000-square-foot home in September, according to
court records from the Miami-Dade County Clerk's office.
Simpson, who is serving a prison sentence of up to 33 years for a 2007 armed robbery and kidnapping in Nevada, has not made a mortgage payment since 2010, according to the source.
Simpson paid $575,000 in 2000 for the house, getting a first and second mortgage to pay for it, according to public records. He refinanced both loans in 2003 with a $592,000 loan through Washington Mutual, the savings and loan that was later aquired by Chase.
Simpson, who is serving a prison sentence of up to 33 years for a 2007 armed robbery and kidnapping in Nevada, has not made a mortgage payment since 2010, according to the source.
Simpson paid $575,000 in 2000 for the house, getting a first and second mortgage to pay for it, according to public records. He refinanced both loans in 2003 with a $592,000 loan through Washington Mutual, the savings and loan that was later aquired by Chase.
No comments:
Post a Comment