Strategic Default – Rapper Chamillionaire Ridin’ Into Foreclosure on Houston Mansion

WSJ Giving back the house has officially gone mainstream, which might have lenders singin’ the blues. Rapper Chamillionaire, known for his song “Ridin’,” became the latest homeowner choosing to default on his mortgage. He abandoned his Houston mansion instead of making payments on a house that’s worth less than what he paid, TMZ reports. The … Read more