At a time when mansion prices in wealthy Palm Beach are soaring to new heights, one beachfront home has been hit with a foreclosure lawsuit.
DB Private Wealth Mortgage filed a foreclosure lawsuit June 3 against Robert V. Matthews and Maria Sneden Matthews over their 15,849-square-foot mansion at 101 Casa Bendita. It concerns a mortgage issued for $24 million in 2008 with a rate of LIBOR plus 1.5 percentage points.
He is the head of real estate investment firm Matthews Ventures Holdings, which previously… …read more
From:: biz journal foreclosures

