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The Queen of Hip-Hop Soul continues to be beset with financial troubles. According to media reports, R&B legend Mary J. Blige’s two homes near New York have fallen into foreclosure. Last month, reports Bossip, Apex Bank sued both Blige and her former husband, producer Kendu Isaacs, in order to foreclose on the mansions in Cresskill…

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  Congressman John Lewis, D-Ga., is loudly criticizing state officials who have mismanaged funds that were supposed to help troubled Georgia homeowners. The money came as part of the Troubled Asset Relief Program (TARP) and Lewis has long maintained that the program was not helping Georgians who were hardest hit. Lewis asked the Special Inspector…

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Looks like Lil Scrappy is in trouble with his landlord again. The 31-year-old rapper was recently hit with a lawsuit for not paying his rent, according to Bossip. Scrappy, born Darryl Kevin Richardson II, is being sued by Randy Williams of the Williams Property Group because of a reported $4,022 owed in back rent and utilities…

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Nearly 8,900 local homeowners invited to workshop to help avoid foreclosure Wells Fargo & Company (NYSE: WFC) is hosting a free Home Preservation Workshop in Atlanta for Wells Fargo Home Mortgage, Wells Fargo Financial and Wells Fargo Home Equity customers facing financial hardships. Wells Fargo has invited nearly 8,900 mortgage customers to the free workshop…

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Another day, another unlucky celebrity business bites the dust. According to recent reports, “The Real Housewives of Atlanta” cast member and model Cynthia Bailey and her “entrepreneur” husband Peter Thomas‘ restaurant in Atlanta, is in foreclosure. During a previous episode of “The Real Housewives of Atlanta,” Bailey loaned her now husband more than $50K toward…

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Longtime music mogul Jermaine Dupri, the man who helped Atlanta and the South to the forefront in the hip hop and pop music industry, is now reportedly about to lose all his rights to the music label he founded and turned into a music powerhouse in the 1990s, the media has reported. JD is in…

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Fantasia Barrino has experienced serious trouble with one of her North Carolina homes. The mansion was originally in foreclosure but with the help of her lawyers, Fantasia was able to stop that. After multiple short sale attempts and no qualified buyers, the American Idol winner decides to walk away from the home.   According to TMZ,…

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  Former Atlanta Falcon, Jamal Anderson has reportedly lost his Atlanta mansion at a recent bank auction. He purchased the home in 1999 for $1.22 million. According to official records,  Anderson, defaulted on his mortgage. It sold at a bank auction for $1 million. The  6,000-square-foot, 10-bedroom, nine-bath home  sits on two acres of land and…

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Wells Fargo donated $6 million shared across 59 nonprofits through its 2012 Leading The Way Home® program Priority Markets Initiative to help stabilize and revitalize neighborhoods hard-hit by the economy. The Leading The Way Home® Priority Markets Initiative provides grant support for neighborhood stabilization projects that are located in areas designated for revitalization to stimulate growth,…

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Life may be good for Nas and his music, but things aren’t going so well when it comes to his finances. Reports have revealed that the hip-hop legend recently lost his home in Georgia to foreclosure. According to TMZ, official records show that Nas purchased the 3,500-square-foot, 2-bedroom, 3-bath home in 2004 for $585,000. However, SunTrust bank, who…

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For the past 12 years, in some form or fashion, Mitt Romney has been trying to persuade people to consider him for any high level political office.  Nowhere have his intentions been more evident than in his quest to grab the holy grail of politics in the U.S. — the presidency. Unfortunately, he is a…

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During the premiere episode of the fourth season of “The Real Housewives of Atlanta,” NeNe Leakes proudly declared to her latest enemy, Sheree Whitfield, that she’s “very rich, b—ch!” Though Leakes cited her assumedly large “Trump check” from her time on “Celebrity Apprentice” as the source of her newfound wealth, Donald Trump Jr. is now…

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  Most Americans are aware of the devastating condition the United States economy is confronting. Although it is less obvious to those who are employed, for the millions who are unemployed, under employed and struggling to provide for their families, it is a palpable reality faced each and every day. This is particularly true with…

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Rapper Soulja Boy may have fooled the press about buying a $55 million on a G-5 private plane, but the Atlanta rapper hasn’t fooled the IRS, who recently filed a $26,000 lien against Soulja Boy for delinquent taxes. According to the Detroit News, the state of California filed a $26,805 lien against the 21-year-old rapper on March…

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