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Foreclosure

R. Kelly

R. Kelly's foreclosed home sells for $950,000

NBC Chicago
CHICAGO - Singer R. Kelly's foreclosed Olympia Fields home sold for a relative pittance on Monday. The home was sold for $950,000 at a Cook County auction at the Daley Center...
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Former Philadelphia 76ers player Allen Iverson walks onto the court to deliver the game ball before the game against the Boston Celtics in Game Six of the Eastern Conference Semifinals in the 2012 NBA Playoffs at the Wells Fargo Center on May 23, 2012 in Philadelphia, Pennsylvania.. (Photo by Drew Hallowell/Getty Images)

Allen Iverson fights foreclosure on his Atlanta mansion

Carrie Healey
theGRIO REPORT - The home was put into foreclosure last week after he reportedly defaulted on a $1.2 million mortgage, reports TMZ...
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A black person praying in a church

Pastors to fight black-run banks foreclosing on black churches

Tonya Garcia, Madame Noire Business
A group of Los Angeles pastors are protesting the foreclosure proceedings on a number churches, to be executed by a black-owned bank that was created to serve a once-segregated black population.
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Nas performs at Heineken Red Star Access Chicago featuring Nas, Pusha T, DJ Kiss and hosted by Affion Crockett at House of Blues Chicago on August 18, 2012 in Chicago, Illinois.  (Photo by Daniel Boczarski/Getty Images for Heineken)

Life is good? Nas loses Georgia home to foreclosure

Kyle Harvey
theGRIO REPORT - While he's still riding the success of his acclaimed 10th album, Life Is Good, the Queensbridge rapper recently lost his Georgia house to foreclosure...
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At podium - Attorney Renardo Hicks, chief legal counsel for Morris Brown College. (photo by Jerome Dorn)

Hundreds gather for prayer vigil at Morris Brown

Kunbi Tinuoye
theGRIO REPORT - Friends, family and supporters of Morris Brown College converged on the school’s campus over the weekend for a special 'National Day of Prayer'...
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(image courtesy of Morris Brown College)

Morris Brown files for bankruptcy

Associated Press
ATLANTA (AP) - Facing more than $30 million in debt, Morris Brown College officials have filed for Chapter 11 bankruptcy...
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(courtesy of Morris Brown College)

Future bleak for one of nation's oldest HBCUs

Kunbi Tinuoye
theGRIO REPORT - One of the country’s oldest historically black colleges is fighting for survival following revelations it is facing foreclose next month...
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(image courtesy of Morris Brown College)

Foreclosure looming for 131-year-old HBCU

Associated Press
ATLANTA (AP) - One of the nation's oldest black colleges is facing foreclosure next month, and an auction of assets is set for Sept. 4.//
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Chad 'Ochocinco' Johnson watches the Miami Heat play against the Chicago Bulls in Game Four of the Eastern Conference Finals during the 2011 NBA Playoffs on May 24, 2011 at American Airlines Arena in Miami, Florida. (Photo by Mike Ehrmann/Getty Images)

Chad Johnson sued; house facing foreclosure

Carrie Healey
theGRIO REPORT - One of Johnson's former employees, Jacinth Preston, filed a lawsuit against the NFL star on August 7th, according to TMZ...
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CHARLOTTE, NC - FEBRUARY 10: Charlotte Bobcats owner, Michael Jordan (Photo by Streeter Lecka/Getty Images)

Michael Jordan's gym may be headed for foreclosure

theGrio
Michael Jordan invested $1.5 million in his former trainer Tim Grover's gym. Now he stands to lose it all...
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