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Frank McCourt Lowballs Jamie

3/29/2010 5:01 PM PDT

Frank McCourt Lowballs Jamie

Frank McCourt has offered to pay his wife Jamie $150,000 a month in spousal support ... which doesn't sound bad until you realize she was asking for $1 million.

Jamie's lawyers requested the astronomical amount in part because they say she has to pay mortgages on seven houses.

Outside of court today, Frank's lawyers came out swinging by claiming Jamie uses one house to do laundry, one to hold her furniture and one as a $27 million swimming hole ... and if she wants to pay the mortgages, she can simply place some of the multi-million dollar mansions up for rent.

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