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Jeremy London -- Party of Foreclosure

10/15/2009 1:45 AM PDT BY TMZ STAFF

Jeremy LondonThat $20,000 he allegeldy owes American Express is nothin' -- because "Mallrats" and "Party of Five" star Jeremy London could also be losing his house!

According to documents filed last month in L.A. County Superior court, the TV-turned-direct-to-DVD star defaulted on his mortgage -- and unless he pays $12,856.81, Countrywide is looking to foreclose.

Countrywide says if he doesn't cough up the cash, the home will go up for auction October 21.

19 COMMENTS

No Avatar
1.

Simone    

Kooky and balls are perfect examples of why people shouldn't inbreed.

1647 days ago
2.

ender024    

how can people be so oblivious to their own finances to let all that happen. :

1647 days ago
3.

balls    

balls

1647 days ago
4.

King of TMZ    

FIRST!!!!!!! BITCHS!!! :P
MORE MICHAEL JACKSON NEWS PLZ TMZ!!
we don't care about these boring starlets :D

1647 days ago
5.

mrez golucky    

Yikes! Who dat?!



1647 days ago
6.

sickofittoo    

First of all he is a doll and it is a shame for his situation , second Countrywide should be called CountryFRAUD.
Countrywide is a predominant factor in the economic collapse and one of the top 3 fraudulent lending companies out there , it is a wonder they are still in operation.
Instead of focusing on someone in foreclosure , how about focusing on the lending institutions themselves and all their fraudulent practices to enhance their bottom line...

1647 days ago
7.

sickofittoo    

He could do a short sale or loan mod.
Second , Countrywide is one of THE worst mortgage companies ever , I'd love to see them fry.F

1647 days ago
8.

sickofittoo    

Simply google " Countrywide Fraud " and look at all the smut Countryfraud is at the center of...
Loads of criminal investigations for starters...

SEC charges former Countrywide CEO Mozilo with fraud and insider trading

http://www.bloggingstocks.com/2009/06/05/former-countrywide-ceo-mozilo-charged-by-sec-with-fraud-and-insi/

FBI probes Countrywide for possible fraud
http://money.cnn.com/2008/03/08/news/companies/countrywide_FBI/?postversion=2008030914

U.S. starts criminal investigation of Countrywide Financial
http://www.nytimes.com/2008/03/09/business/worldbusiness/09iht-country.1.10830428.html

1647 days ago
9.

sickofittoo    

Hang in there Jeremy , you are up against a very corrupt mortgage company , you may have some leverage.
Speak to your lawyer about the possibilites beginning with engaging you into a sub prime loan ( if you got a 90% LTV or higher ) Being a celebrity , you could make a lot of noise ...think Erin Brockavich vs. Hinckley. You would have so many behind you in your crusade against this P.O.S ( piece of chit ) company.

Countrywide, beleaguered by bad home loans, is selling itself to Bank of America for about $4 billion. It reported a loss of $422 million for the fourth quarter of 2007.

The company was forced in August to draw down its entire $11.5 billion credit line from a consortium of banks because it could no longer sell or borrow against home loans it had made. It has laid off about 11,000 employees since the summer.

1647 days ago
10.

unablogger.ca    

Not to nitpick, but Jeremy London's twin brother Jason London was in mallrats, not Jeremy.

1647 days ago
11.

alli    

Jeremy was definitely in Mallrats, Jason was not.

1647 days ago
12.

Joanne    

Is this the same guy that was in "7th Heaven"?

1647 days ago
13.

Jimmy Davis    

PHONE APPLICATION RAISES MONEY FOR BREAST CANCER
ChapBros Media will donate profits from their latest iPhone application, “Bumpkin Pumpkin Bash”, to the National Breast Cancer Foundation. During the week of October 14 to the 21st, all of the money ChapBros Media raises from the downloads of this app will go towards breast cancer research. ChapBros Media has a goal to raise $10,000.

“No other company is doing this and we thought it would be great to raise money for a cause that affects so many people’s lives,” says Duane Lee Chapman, Co-Founder of ChapBros Media.

Bumpkin Pumpkin Bash costs .99 cents and is available in the iTunes App Store. Bumpkin Pumpkin Bash is the craziest pumpkin chuckin’, jeep drivin’, backwoods game ya’ll have ever seen! Drive around the nation, chuckin’ pumpkins at cars & mailboxes. Dodge potholes, tumbleweeds, police cars, snow plows and anything else we can throw at you! This fast paced game puts your bumpkin skills to the test.

http://itunes.apple.com/WebObjects/MZStore.woa/wa/viewSoftware?id=333651177&mt=8

For more information about the National Breast Cancer please visit http://www.nationalbreastcancer.org/.

ChapBros Media is owned and operated by the sons of the world famous Dog the Bounty Hunter

1647 days ago
14.

I am    

What is it with these DEADBEATS???? Do you think that you're above the law?? Or do you simply feel that you're functioning on a higher plane than all of the little people...who are managing to pay their f****** bills with a fraction of the income you've generated? F****** LOSER.

1647 days ago
15.

scammer    

let's not forget an alleged-felonious countrywide employee stole millions of records - personal data - and was in process (said Countrywide) of selling the info.

And the worst part is many of the victims did not choose mortgages with CWide - but were sold to them.

1647 days ago
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