Damon Dash and Wife Close to Losing Home to Foreclosure

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– August 20, 2008Posted in: Radio News

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Roc-A-Fella Records company co-founder Damon Dash and his wife Rachel Roy are in jeopardy of losing two of their Manhattan apartments. The bank holding the mortgages says in a Monday court filing Dash and Roy owe $7.3 million on the properties and the attorneys have begun foreclosure proceedings. The couple’s monthly payments to Eastern Savings Bank was $78,500.

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