Damon Dash Facing Foreclosure on 2 Properties

The Associated Press is reporting that Dame Dash and Rachel Roy face foreclosure on two Manhattan apartments on which they owe $7.3 million.

"Your Mama" at the Real Estalker has more:

"According to property records, reports and court filings, the alliteratively blessed couple carries a whopping $7,300,000 mortgage on the N. Moore Street condo, which is comprised of two combined units. Mortgage holder Eastern Savings Bank, the entity that initiated the uglee foreclosure proceedings, claims the couple were meant to be making monstrous monthly payments of $78,500."

Hit her blog for a taste of Your Mama’s style and her take on this situation.

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