9 Black Celebrities Who’ve Faced Foreclosure
Wyclef
The Haitian native and former Fugees member lost a waterfront mansion in Miami that he purchased through a corporation he owns with friends. Jean borrowed $2 million from Home Equity Mortgage Corp in 2004 with the intent of re-building it, but the property stayed nearly abandoned for two years while payments racked up. In total, Jean’s corporation owed $2.4 million. Jean reportedly settled his debt with the bank before bidding for the property commenced.