Lisa Wu Hartwell foreclosure reported

August 12th, 2009 - 6:54 pm ICT by IBNS  

Aug 12 (IBNS) Celebrities and rich people, who move on cars, were either losing jobs or defaulting on loans.

According the celebrity news publisher Lisa Wu Hartwell’s foreclosure is due to the fact that she and her husband “defaulted on their loan and the bank sold it shortly after.”

Hartwell’s rep has observed that the couple was in talks with the lender to restructure the loan because the home had lost value — but that failed.

Sources said: They originally bought the place for $2.9 mil back in 2007 — but the bank only got $1.9 mil when they resold it this month.

Oh well, Lisa Wu Hartwell and her husband former Oakland Raiders linebacker Edgerton Hartwell are just fine.

According to the same source, which makes a reference to the couple’s representative, after their foreclosure they have settled in their news home, which sits on 10 acres. The rep emphasizes that they own it.

Lisa Wu-Hartwell. She is the ex-wife of singer Keith Sweat, and the current wife NFL player Ed Hartwell. Lisa currently stars in the reality television show “The Real Housewives of Atlanta” on Bravo, but don’t you call her a “desperate housewife.”

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