Community

Email Notifications

OC Real Housewife Home in ‘Loss Mitigation’

According to the Orange County Register, Jeana Keough the former star of “The Real Housewives of Orange County” has “saved” her home from a foreclosure auction.

In a long rambling letter from Keough to OC Register writer Mark Eades, she says:

“Mark, thank you for making me aware of a NOD (notice of default) filed on my house, I have successfully completed a loan modification with Zachary Scoggins and Art Moore! Thanks guys! Washington Mutual/Chase are committed to keeping families in there homes.”

But a telephone call today to the trustee — California Reconveyance Company, the debt collector hired by Chase — confirmed that the foreclosure file for Keough’s Coto de Caza home was in “loss mitigation hold,” indicating she’s still in the process of working on a loan modification on her $1,300,000 mortgage.

In her letter to the Register, Keough went on to say:

“I probably will sell the house — 8,500 feet with a guest house on a 1.2 acre lot with 6 garages is more than Colton and I need. My $6.5 million house is now worth $5 million, but the next house I buy will be cheaper, too.”

Posted: Mon, June 15 2009 12:59 PM by Octavion
Leave a Comment

(required) 

(required) 

(optional)

(required)