Ed McMahon

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<b><a class="taxInlineTagLink" id="PECLB003190" title="Ed McMahon" href="/topic/entertainment/ed-mcmahon-PECLB003190.topic">Ed McMahon</a></b><br>
<i>Possible Foreclosure</i><br>
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Ed McMahon, the longtime sidekick to <a class="taxInlineTagLink" id="PECLB000880" title="Johnny Carson" href="/topic/entertainment/johnny-carson-PECLB000880.topic">Johnny Carson</a> on "The Tonight Show," is fighting to avoid foreclosure on his multimillion-dollar <a class="taxInlineTagLink" id="PLGEO100100102380800" title="Beverly Hills" href="/topic/us/california/los-angeles-county/los-angeles/beverly-hills-PLGEO100100102380800.topic">Beverly Hills</a> estate.<br>
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McMahon defaulted on $4.8 million in mortgage loans with a unit of <a class="taxInlineTagLink" id="ORCRP004030" title="Countrywide Financial Corp." href="/topic/economy-business-finance/countrywide-financial-corp.-ORCRP004030.topic">Countrywide Financial Corp.</a>, which filed a notice of default in March, according to ForeclosureRadar, a company that sells default data pulled from public records.<br>
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The 85-year-old pitchman for various products, including American Family Publishers, is the highest-profile person to be caught up in the nationwide real estate downturn and mortgage crunch.<br>
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<a href="http://www.zap2it.com/celebrities/news/zap-edmcmahonforeclosure,0,4243206.story" target="_new"><b>Read the Full Story ... </b></a>
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( Lionel Hahn/Abaca Press/MCT )


Ed McMahon
Possible Foreclosure

Ed McMahon, the longtime sidekick to Johnny Carson on "The Tonight Show," is fighting to avoid foreclosure on his multimillion-dollar Beverly Hills estate.

McMahon defaulted on $4.8 million in mortgage loans with a unit of Countrywide Financial Corp., which filed a notice of default in March, according to ForeclosureRadar, a company that sells default data pulled from public records.

The 85-year-old pitchman for various products, including American Family Publishers, is the highest-profile person to be caught up in the nationwide real estate downturn and mortgage crunch.

Read the Full Story ...

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