Thu, Aug 28, 2008

Newsletter Sign-up:

News on Michael Jackson, 50 Cent, Beyonce & More

EURweb

SHAQ WANTS TO HELP STRUGGLING HOMEOWNERS: NBA star offers to buy mortgages of Orlando borrowers facing foreclosure.

(June 12, 2008)
Email to a friend | Print Friendly

      *While our two presidential candidates debate the best way to handle the nation's foreclosure crisis, Shaquille O'Neal wants to offer immediate relief by buying the mortgages of homeowners who are drowning in high interest rate loans. 

       "I want to come in not to kick them out, but to work with them and save them so they can stay in their homes," O'Neal told the Orlando Sentinel during an impromptu stop Tuesday at Orlando City Hall.

       Shaq would sell the homes back to those troubled buyers with more affordable terms, hoping to make a small profit.       

       "He's become a businessman with a conscience," said attorney Mark NeJame, who arranged the NBA star's visit along with longtime friend and Realtor Curtis Cooper.      

       NeJame said Shaq might also develop an affordable-housing project, stating: "He's looking to find out where he can make a significant investment in Orlando -- specifically downtown Orlando -- but also all over Central Florida."

Share and Bookmark
google
del.icios
facebook
Digg This
Add To Reddit
Add To Yahoo MyWeb
Add To Newsvine
Add To Windows Live

Speak Out
  Currently, 14 comments have been made on this story.
View Comments or Post Comments.
Shaquille O'Neal
Shaquille O'Neal
...
Back to Top