Real Housewife of OC hasn’t paid her mortgage in 6 years

Peggy Tanous spent the last 6 years squatting in a million dollar Irvine home.

When people quit paying their mortgage, banks used to foreclose on them get their money back at the sale, but not long after the proliferation of toxic mortgage products from 2004-2007, so many borrowers quit paying… - Real Housewife of OC hasn’t paid her mortgage in 6 years

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