Brendan Maloy
Friday January 17th, 2014

(Ryan Pierse/Getty Images) (Ryan Pierse/Getty Images)

Olympic swimming star Ryan Lochte's parents have had their home foreclosed on after failing to make payments on it for the last two years, according to Page Six.

Court documents show the Lochtes paid back only $16,000 of a $258,000 loan they received from CitiMortgage, and the bank took control of the Port Orange, Fla. home on Oct. 31 of last year and plans to sell it at auction. Lochte is believed to have made millions in endorsements in connection with his 11 Olympic medals. He even starred in a reality series titled "What Would Ryan Lochte Do?" in 2013.

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