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Report: McMahon Fighting Home Foreclosure

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PlusReport: McMahon Fighting Home ForeclosureReport: McMahon Fighting Home ForeclosureThe Associated PressEd McMahon, who for decades appeared as Johnny Carson's sidekick on 'The Tonight Show,' is fighting to avoid foreclosure on his multimillion-dollar Beverly Hills home, according to published reports. (June 4)NATS UP-- COMMERCIAL He made a career out of helping Americans' dreams come true... But now Ed McMahon is reportedly the one in need of help. Johnny Carson's longtime sidekick on "The Tonight Show" is allegedly in danger of losing his Beverly Hills, California mansion. The Wall Street Journal first reported McMahon is close to 650-thousand dollars behind in payments on his nearly 5-million dollar mortgage. The former "Star Search" host hasn't been able to work since he broke his neck 18 months ago. McMahon's spokesman says the 85-year-old pitchman and his wife are in "fruitful discussions" with his mortgage company to try work out a deal. McMahon's real estate agent says the six-bedroom, five-bath house has been on the market for two years. It's in a hilltop gated community that overlooks famed Mulholland Drive. But the agent says it's been a tough sell, partly because pop star Britney Spears is a neighbor -- and she attracts paparazzi. ___ ___, The Associated Press.RESTRICTIONS: commercial: courtesy publishers clearing house pics: www.hiltonhyland.com

Category: News
Uploaded: June 4th, 2008 @ 5:25 pm
Author: AssociatedPress

Length: 01:04
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