Florida Olympic Pool Hero’s Folks Underwater!
Posted by Jose Lambiet , August 5, 2012 Print

Ryan Lochte (left), dad Steven and mom Ike
Superstar Olympic swimmer Ryan Lochte may have to use his games earnings to bail his parents out of a pool-sized debt!
A foreclosure action filed in Volusia County in May shows that the five-medal winner’s mom and pop, Steven and Ileana Lochte, quit paying for the mortgage on their Port Orange home in February 2011!
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And now CitiMortgage wants the 1,692-square-foot house just south of Daytona Beach, which they bought in 1996 for $135,000!
The Lochtes, who are now divorced, took out a $258,000-loan in 2007 and are supposed to pay $1609.58 each month.
Now that they stopped, Citi claims they owe about $250,000, including fees, penalties and the leftover principal.
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The Lochtes filed a motion to dismiss the case but there has been no ruling yet by the judge.
Cuban born Ileana Lochte, aka Ike, has been a visible presence by her son’s side in London. She made news there when she told the Fleet Street press that hunk Ryan is on a steady diet of one-night stands.
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A 1911 SHOOTER, 9 months ago
Jose, I know it is topical right now but reporting on an athletes parents financial issues is something they should deal with in private, granted they are huge D Bags for mortgaging a $135K to the hilt w/ a $250K plus loan.
That one paragraph in your post sums up the financial mess we are in quite nicely.
News tip for ya to look into..I found this this morning on my home hang out forum about local athlete Serena Williams..pretty interesting
http://www.ar15.com/forums/t_1_5/1351551_Serena_Williams_does_Crip_Walk_during_Olympic_Celebration_.html