Uh, if my math is correct he only lost some over $80k on on the house.
Bought at $405k, owes $320k, so he didn't want to pay the rest off and now he's at rock bottom? Wow...So what if he lost a house, it doesn't mean he's homeless. You really think a multi-millionaire is going to live in a 400k house after buying it 14 years ago? Dude has a fat house, he was on MTV cribs and I doubt that crib was in Milwaukee.