Donald Trump to the rescue!
August 15, 2008 by Tisa Silver
Filed under Finance
Hot on the heels of July’s alarming increase in foreclosure filings, Donald Trump has stepped in to save one homeowner from losing his residence.
Ed McMahon, known as Johnny Carson’s sidekick, will now have Donald Trump for a landlord. Trump has agreed to buy the home and lease it to Mr. McMahon, who defaulted on his $4.8 million mortgage with Countrywide.
In an interview with the Los Angeles Times, Trump asked “How could this happen?”
The two were not acquainted but Mr. Trump decided to step in and help the former Star Search host anyway.
