Chammilionaire Loses Home To Foreclosure

Rapper Chamillionaire is getting out of a mortgage for a home that was valued at $2 million, by not making his payments and letting it go into foreclosure.  Millionaire musicians are walking away from their mortgages, as it makes no sense for them to hold onto a property that has no value.
Chamillionaire has made it clear that his decision to stop paying his mortgage was a business decision, and had nothing to do with financial negligence.