New 'Real Housewives' Cast Member Facing Foreclosure

First Lynne Curtain gets evicted at the end of the last season, and now this. As fans of the Real Housewives of Orange County get to know the newest member of the franchise's original show, Peggy Tanous, pictured left, she might be more preoccupied with the fight to keep her Irvine home than her newly-found time in the spotlight. The former swimsuit model turned Bravo star, who replaced Curtain this season, has defaulted on one of two loans on her home, which she purchased for $1,379,000 in early 2006. The notice of default was filed on November 16, 2010.

"The way it works in California is that they file a notice of default and that was recorded on November 1, 2010, and the trustee sale is scheduled for March 17," says Linsey Planeta of M Realty in Orange County. "If she's trying to do a loan modification or has a short sale in place, it can delay the auction."