TMZ Reports Lisa Wu Hartwell Foreclosure

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Celebrities and rich people are also hurt by this economy as they also lose houses and default on loans. TMZ now reports the news about Lisa Wu Hartwell foreclosure.

According the the celebrity news publisher Lisa Wu Hartwell's foreclosure is due to the fact that she and her husband "defaulted on their loan and the bank sold it shortly after."

"Hartwell's rep tells us the couple was in talks with the lender to restructure the loan because the home had lost value -- but that failed. They originally bought the place for $2.9 mil back in 2007 -- but the bank only got $1.9 mil when they resold it this month."

Oh well, Lisa Wu Hartwell and her husband former Oakland Raiders linebacker Edgerton Hartwell are just fine. According to the same source, which makes a reference to the couple's representative, after their foreclosure they have settled in their news home, which sits on 10 acres. The rep emphasizes that they own it.

Lisa Wu Hartwell is well known for her in "Real Housewives of Atlanta." The new season of the show returned on July 30th. Despite her home foreclosure Lisa Wu Hartwell did not lose her role in the show and is part of it.

Written by Armen Hareyan based on TMZ report.

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