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.

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Holden Lewis

What are HUD’s priorities?

The new housing secretary has delivered his first major speech since taking office, and he doesn't give us much of a reason to feel optimistic. He wants to do a lot of things, but what's his top priority? He doesn't say. Julián Castro, former mayor of San Antonio, has been the secretary of Housing and  ... Read more

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