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Ryan Lochte's Parents Face Foreclosure

They might lose their Florida home

By John Johnson,  Newser Staff

Posted Aug 4, 2012 10:28 AM CDT

(Newser) – Ryan Lochte has won five medals so far in London. If his success translates into endorsement deals, the money might come in the nick of time to save his parents' house: TMZ reports that CitiMortgage is suing to foreclose on their place in Florida. The couple still owe about $240,000 but have stopped making payments. Steven and Ileane Lochte divorced last year, but both are in London for the Games, according to AP. (Ileana made headlines earlier with her "one-night stand" comment, and subsequent walkback, regarding her son's lifestyle.) Click for more on the foreclosure story.

Ryan Lochte gestures after receiving his silver medal for the men's 200-meter individual medley.
Ryan Lochte gestures after receiving his silver medal for the men's 200-meter individual medley.   (AP Photo/Mark J. Terrill)
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COMMENTS
Showing 3 of 11 comments
OuttaHere
Aug 7, 2012 7:05 PM CDT
Give me a break. Neither of them wants the house and I'll bet you they have next to nothing in it. Citibank is going to end up with a property that they can sell for a long while.
B-Diddy
Aug 5, 2012 4:17 PM CDT
Nobody Fucking cares! 1 in 4 Americans are facing foreclosure. Seriously? Really, are they Fucking serious with their "inevitable endorsement deals" quote???? Just look at Michael Phelps. Smoked a Bowl of "Weedies" and got the boot from "Wheaties" Next you will find that he smokes a bowl, or crack pipe and all those endorsement deals go up in smoke!!!! Fucking media!!! Use you when you are up and Kick you when you are down!!!! Wait for it... Wait for it...  
rakewell
Aug 5, 2012 9:39 AM CDT
It says a lot about the guy that he's strutting around in a $25,000 diamond encrusted grill and god knows how many pairs of custom and collector sneakers, yet his parents can't pay the bills.
 

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