Citibank Sues Diddy for Defaulting on $700K Loan

The mother of Diddy’s oldest son, Quincy, can’t pay her rent and now the Sean John CEO is to blame.

News regarding Misa Hylton-Brim’s finances hit the net last year. Apparently, the former wardrobe stylist wasn’t paying her $712,000 mortgage although she was once getting a hefty amount in child support. Quincy turned 18, moved to L.A., and Hylton-Brim found it difficult to keep up the house notes. Diddy eventually swooped in to help and agreed to co-sign on the loan.

Well, Citibank is filing suit against Diddy and Hylton-Brim for defaulting on the loan. Citibank claims Hylton-Brim quit making payments in 2010. Because of this, now the bank is pointing fingers at Diddy and says he need to pay up ASAP.

Citibank is owed $622,518.34 and is asking to foreclose on the property.

Diddy believes he shouldn’t be responsible for his baby mother’s irresponsibility. The music mogul is asking the bank to drop the lawsuit. But, a New York judge rejected his request and agreed with Citibank. Both, Diddy and Hylton-Brim is responsible for payback of the loan.

It is unfortunate that Hylton-Brim didn’t try and sell the home. Take that money from the sale and payback the loan. Now, the residence is owned by Citibank and will be sold as a foreclosed property. That’s messed up!

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