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	<title>Hedge Fund Lounge &#187; Chamillionaire</title>
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		<title>Really Rich: Chamillionaire Explains His Home Foreclosure</title>
		<link>http://www.hedgefundlounge.com/2010/06/really-rich-chamillionaire-explains-his-home-foreclosure/</link>
		<comments>http://www.hedgefundlounge.com/2010/06/really-rich-chamillionaire-explains-his-home-foreclosure/#comments</comments>
		<pubDate>Thu, 10 Jun 2010 18:52:00 +0000</pubDate>
		<dc:creator>cmccaffrey</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Chamillionaire]]></category>
		<category><![CDATA[Foreclosure]]></category>

		<guid isPermaLink="false">http://www.hedgefundlounge.com/?p=1186</guid>
		<description><![CDATA[courtesy of Dealbreaker Let me give you the short business answer. I bought the house in Houston. I have multiple mortgages. Some for me, some for other people. This house was my most expensive mortgage. I decided to let that house go, because the house ended up being worth nothing when the market went down [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.hedgefundlounge.com/wp-content/uploads/2010/06/Chamillionaire1.png"><img class="alignright size-medium wp-image-1189" src="http://www.hedgefundlounge.com/wp-content/uploads/2010/06/Chamillionaire1-238x300.png" alt="" width="238" height="300" /></a>courtesy of <a href="http://dealbreaker.com/2010/06/chamillionaire-explains-his-home-foreclosure/">Dealbreaker</a></p>
<blockquote><p><em>Let me give you the short business answer. I bought the house in Houston. I have multiple mortgages. Some for me, some for other people. This house was my most expensive mortgage. I decided to let that house go, because the house ended up being worth nothing when the market went down and I decided to just let it go and give it back to the bank. It wasn’t a situation where they came and took it from me. I just didn’t feel like it was a good business investment, to keep paying that much mortgage on a house that I was never at. Don’t try to take this to a point where Chamillionaire has money problems. There was no financial negligence, none of that. I’m still a Chamillionaire. When I’m a Cha-thousandaire, then you’ll have a real story.</em></p>
<blockquote><p>Of course.</p></blockquote>
</blockquote>
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