He tried for years to keep his northwest Atlanta mansion. But Jermaine Dupri has lost his former home to foreclosure, according to Fulton County legal notices. The producer, songwriter and.

Learn about the steps and timing in a typical mortgage foreclosure case.. If you do not dispute the facts of the case, the judgment of foreclosure will be entered without a trial. You still have at least 90 days to sell the property or otherwise work it out with the bank.. The Big Picture.

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Celebrities often over-spend and go broke due to terrible financial management. As the interest rates continue to increase, the banks step in to repossess the home because the star can no longer afford to pay the mortgage payments. Here are 20 celebrities who couldn’t make their mortgage payments. You will be shocked at #20, he lost 5 homes!

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But seven months later, he was surprised to learn that Bank of America had foreclosed on the house, even though Grodensky did not have a mortgage. Grodensky knew nothing about the foreclosure until July, when he learned that the title to his home had been transferred to a government-backed lender.

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The next time you are driving around and see a HomePath or HomeSteps foreclosure rider on a Phoenix real estate sign, you can be assured that it is a Fannie Mae or Freddie Mac foreclosure, not a bank owned property. Additionally, it is not any bank that is taking the loss but the US government, and ultimately you and I.

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