Fannie Mae not the only Fannie with Forelosures…

Posted on December 9th, 2008 by by Melody


Fantasia has fell victim to the recession too… sad.

According to property records, the 6-bedroom mansion has been foreclosed on. Unless the 8-time Grammy-nominated singer can make necessary payments, the 6,232 square-foot home will be auctioned off on Jan. 12.

Barrino, a single mother to daughter Zion, purchased the home, located on Bevington Place, in March 2007. The price was $1.3 million.

I hope there is studio time in her future! Better yet some shows, that’s where the money is. If she is having major financial problems, she didn’t show it as she walked the red carpet at the Cracked Xmas Fundraiser event.

Side note: Do love the hair and dress minus the feathers.

UPDATE: A relative tells The New York Post that it is just a “misunderstanding” and that she was unable to appear in court to address the issue.

I’m thinking, not paying your mortgage isn’t just a misunderstanding, however she has another home in N.C. as well as in Atlanta…

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