In June 2008, it was announced that McMahon was $644,000 behind on payments on $4.8 million in mortgage loans and was fighting to avoid foreclosure on his multimillion-dollar Beverly Hills home [REF].
On August 14, 2008, real estate mogul Donald Trump announced that he would purchase McMahon's home from Countrywide Financial and lease it to McMahon, so the home would not be foreclosed [REF].