Mortgage Crunch Crunches Ed McMahon
Ed McMahon is 85 years old. The longtime pitchman and Johnny Carson’s old sidekick defaulted on $4.8 million in mortgage loans on his Beverly Hills estate with a unit of Countrywide Financial Corp. His spokesman said:
McMahon fell and broke his neck about 18 months ago and has been unable to work since. "The ideal situation would be that he would be healthy and able to earn a living to pay for his house."
Why does an 85-year old need to work to make mortgage payments?
chainlinq said
am June 6 2008 @ 8:43 am
Too bad for Ed. Man, where did the money go. If was not for housing tanking, we would have never heard of this. If the market had keep going up, he would have just sold the house and no one would have been wiser.
LSAT said
am July 1 2008 @ 12:00 am
Ed McMahahon needs to show up at his own house carrying one of those giant mega checks!
LameList.com » Ed McMahon Bailed Out by Donald Trump said
am August 18 2008 @ 12:28 am
[…] update on my post about Ed McMahon’s house going into foreclosure . Donald Trump has come to McMahon’s rescue as reported by traditional news media here , […]