Wednesday, March 18, 2009

Councilman Kwame Kilpatrick defaults on mortgage

DETROIT (AP) -- A Detroit city councilman who plans to run for mayor and his wife have walked away from the mortgage on their house.

Kwame Kenyatta told The Detroit News for a Tuesday story the couple moved out in December and decided to default on their mortgage after unsuccessfully seeking a solution with a mortgage company.

The newspaper says Monifa Kenyatta bought the two-story brick house for $225,000 in 2004, but it's now worth about $100,000.

Kwame Kenyatta has announced plans to file to run in the city's regularly scheduled election. The primary is in August, followed by the general election in November.

NBA legend and businessman Dave Bing and Mayor Ken Cockrel Jr. are on the ballot for a May 5 election to complete ex-Mayor Kwame Kilpatrick's second term.


Well check him out. City official fiving up on the City. There goes another blight in the neighborhood. This guy has the nerve to run for Mayor. I am not at all surprised becasue he did a terrible job managing on council. Please Lord send us an Angel..If this is all we have to choose from, we're in TROUBLE

No comments: