Ryan Lochte’s Mom Could Lose Her Home

by Angela Nazworth | August 6, 2012 9:38 am

The mother of Olympian Ryan Lochte could lose her home.

CitiMortgage, the mortgage arm of Citigroup (NYSE:C[1]), is suing to foreclose on the house legally owned by the Steven and Ileana Lochte, the divorced parents of the famous Olympic swimmer who has won five medals in London. The bank is seeking to recover $250,000.

Ileana Lochte, who resides in the Port Orange, Fla. home, asked the court to dismiss the suit last month, according to court records. It is unclear if Lochte’s father has an attorney at this time.

In an interview with USATODAY[2], Ileana Lochte said she does not want Ryan or any of her children to help her with the matter.

“I just got divorced and I had lost my job and we’re trying to work it out,” she said. “I’m sad that the press thinks this is something to do with Ryan. We didn’t discuss this with Ryan or any of my children, really. I would never allow him to help us.”

Celebrity gossip site TMZ first reported the news of the foreclosure lawsuit.

  1. C: http://studio-5.financialcontent.com/investplace/quote?Symbol=C
  2. interview with USATODAY: http://www.usatoday.com/sports/olympics/london/swimming/story/2012-08-05/ryan-lochte-mom-ileana-foreclosure/56804092/1

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