Bad News For Mary J: Here’s Why Two Of Her Homes Just Went Into Foreclosure

Posted On : June 8, 2018

“No Drama” is what Mary J. Blige once sang about, but unfortunately that’s still not what she’s getting. Even though her divorce from ex-husband, Kendu Isaacs, is finally a don dada, the stress from their bitter divorce process is blaring louder than a million sirens. We already knew Kendu was gunnin’ for an overly healthy spousal support settlement, but now Mary’s got another money issue- two of the homes she and Kendu owned together.

Embed from Getty Images

Why They Lost 2 Homes

News has now surfaced that Kendu and Mary owe a ton of money on their two properties, so the bank has just snatched them from the former couple. Here’s what was reported:

Via Bossip: …A bank sued the pair [Mary J. and Kendu] and started foreclosure proceedings and claimed they’ve stopped making payments on two of her palatial homes. … Last month, Apex Bank sued both Blige and Isaacs to foreclose on properties in Cresskill and Saddle River, NJ, claiming the pair hadn’t made payments in months. In the first lawsuit, Blige and Isaacs are accused of not paying down the $8.1 million mortgage that Blige used to buy the Saddle River estate for $12.3 million 10 years ago. The property boasts eight bedrooms, ten bathrooms, a studio, media room, library and staff quarters.

The second suit accuses Blige and her ex of defaulting on another $2 million mortgage that she used to buy another place a few towns over. Blige bought that home back in 2001, and the 6,100 square foot home has six bedrooms, a master suite on its own private floor and sits on an acre lot. The bank wants control of the two homes and Blige and Isaacs out ASAP. It was unclear Thursday who lived in the properties, but one was taken off the market shortly after the couple’s divorce became final.

IRS Problems

Embed from Getty Images

Prior to this latest money issue, the IRS hit Mary J. and Kendu with a whopping $5million tax lien in 2017. The lien was a result of tax bills they acquired during their 14 year marriage. It’s probably safe to assume that they’re tax bill will actually become Mary’s sole responsibility. According to Kendu, she left him in a dire and destitute situation financially and career-wise.

Mary J. Was Homeless After Split From Kendu

In 2017, during Mary J.’s Hollywood Walk Of Fame ceremony, she emotionally revealed that her 2016 split from Kendu, left her homeless. She admitted that she had no place to go and had it not been for Interscope Records CEO, Jimmy Iovine and his wife, Liberty, she doesn’t know what she would have done:

“I’m so grateful for this star right now because I’ve earned it probably three times,” Blige told the Hollywood Walk of Fame crowd. “I say that with confidence and not arrogance. I say it because I know that now, and I know my worth, and what this means.”When all hell was turning loose in 2016 and I had to file [for divorce] and all of that stuff, I was homeless last year. Jimmy Iovine took me into his Malibu home- him and his beautiful wife, Liberty- and I will never forget that.”

Geesh, this is bad for Mary J.. Although it’s easy to point fingers at Kendu in this case, I’ll try be fair about this expensive debt-filled disaster he dumped on her. Mary was the bread winner in their relationship since the beginning. So these financial responsibilities she now has to handle for both of them, probably doesn’t come as a shock to her…nor should it be, just sayin.’ Keep your head up though Mary!

Join us on Facebook for the most engaging discussions from the Old School! Old School News With A New Point Of View!

By signing up, you agree to our Terms of Service and Privacy Policy.