It appears that Kanye West is the target of the mortgage company who financed his mother's condo before she passed. Apparently, Donda West owed more than $600,000 on her condo at the time of her death and now the the company is targeting the estate of Donda West, which Kanye oversees. The estate was worth less than $200,000 and Donda West did not have a will.
What does this mean for Kanye West? He will more than likely have to put out some money to settle this matter.
For some strange reason, other media outlets are reporting this story as if it's going to hurt Kanye West financially. I guess they must have forgotten that Yeezy has sold millions of records and has been paid millions for producing tracks for other artists. How could a couple hundred thousand affect his cashflow?
ADVISORY
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Thursday, June 26, 2008
Kanye West's Mother Owes $600,000 To Mortgage Company
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