mortgage

They're rich and famous and in foreclosure

Mortgage » They're Rich And Famous And In Foreclosure

How does a Toni Braxton, Allison Janney or Kiss guitarist Ace Frehley fall behind on house payments?

The same way ordinary people do: They get squeezed by an adjustable-rate mortgage, trapped by a down economy or hung out to dry when prices refuse to rise sufficiently to cover their debt. Here are six celebrities whose fame and fortune couldn't forestall a real-life foreclosure.

advertisement

5 housing trends heating up this summer Getting ready to buy a home? More first-time homebuyers are entering the market. Is there any good news?
Show Bankrate's community sharing policy
          Connect with us
advertisement
10 homes for sale in the happiest beach towns in America
advertisement
Partner Center
advertisement

Connect with us