Ryan Lochte's parents face foreclosure in Fla.

Ryan Lochte gathers his thoughts prior to competing on Day 6 of the London 2012 Olympic Games on Aug. 2, 2012, in London. / Getty

(CBS/AP) DELAND, Fla. - The parents of U.S. Olympic swimmer Ryan Lochte are facing foreclosure in Florida.

According to a lawsuit filed in May in Volusia County, CitiMortgage is suing to foreclose on Steven and Ileana Lochte. The bank is seeking to recoup $250,000. The news was first reported by TMZ.

Court records show that Ileana Lochte asked the court to dismiss the case last month. Messages left Saturday for her attorney were not immediately returned.

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The Lochtes divorced last year. Court records did not show whether Steven Lochte had an attorney. Both parents have been in London recently to watch their son compete.

33 Photos

Ryan Lochte

Ryan Lochte has won five medals, including two gold medals, in swimming events at the London Olympics.

On Saturday, Ryan Lochte posted a photo on Twitter of his family with the following message:

Being with my family is the best part of my life.Today I got to kick back and have fun with the people I love most twitter.com/ryanlochte/sta...

— Ryan Lochte (@ryanlochte) August 4, 2012

[Sonny_Daze]

Probably plays into the divorce settlement in some way.
Seen it happen in my own n'hood about 7 yrs ago. The house
went back to the bank after the newlywed's split, and it's
been sitting vacant now ever since the housing market
values dropped like a rock. Now the bank can't re-coop
the money they loaned the newlyweds. Probably a 90%
loan. Sometimes its easier to just walk away from it...

Just because someone loses a house doesn't "always"
mean that they can't afford to make payments on it...

[RealiteBites]

This family's a little weird ... the sister was super hyper and kept trying to do stand-up comedy on Access Hollywood.

Then the mom blurted out that Ryan doesn't go for steady girlfriends, he just has one-night stands.

They seem a little out of control, so I can't say I'm surprised to hear that they've jetted to London, but they're house is being foreclosed.

Sad though - some of it's the economy with the decreased housing values and the buyer's market. And some of it must be the costs of supporting an Olympian. But some if it does seem to be them ...

[eddom9492]

A perfect storm of subjects: 'upside-down' houses, an olympic champion, divorce, finance and man's inhumanity to man.

[gwurst62]

This story doesn't belong in the news, it's nobody's damn business. I hate reporters. They can't, just once, focus on the good in a story, there always has to be some dirt. Pathetic.

[mari1963]

I agree. It's just none of anybody's business!

[AVRWEBGUY]

Agreed. Nobody's business.

[FormerUSMCSergeant]

They have money to fly and stay abroad but can't pay their mortgage?

Shows that they are some kind of screwed up people...

[eddom9492]

Why not max out the credit cards? But more to your point, it makes the money issues look like gambling.

[BetaRayThor]

What am I supposed to say after I drop my hand after covering my mouth from yawning while reading this story?

[cattiej]

What has this story broke by TMZ have to do with Ryan swimming in the Olypics? I am disgusted with TMZ and anyone else who wants to jump on the bandwagon to disturb and impede the dream for this young Olympian....What are the morals in this country? Shut up, turn your TV to something else if you find you need to know about everything in the life of these young athletes. If you can't say anything nice, SHUT THE F*** UP!

[Jaylah54200]

Gold medal winners at the Olympics are also given $25,000 in addition to each gold medal by the US Olympic Committee (minus 35% for taxes) and lesser amounts for silver and bronze. And then you kind of assume that Ryan will be given at least a few endorsement deals after this.

I know the families of most US Olympic athletes end up mortgaging themselves to the hilt to pay for training and -- unless their kid really makes it big at the Olympics -- they never do break even. But I think Ryan's one of the ones that should.

Hopefully he'll help his folks out and they won't lose their home.

[hypnotoad72]

+1

[Sonny_Daze]

He already has at least (2) commercials out right now.

[gadfly65]

@credibility2 - I'd buy your argument except for two things. The more significant is the figure mentioned; I don't believe they sacrifced much if they were living in a quarter-million dollar house. The other is your implied bigotry; I tend to ignore any argument that includes a backhanded swipe at poor minorities. I'm guessing you're a Republican; who else belives that upper middle-class white people are suffering so those with dark skin can get a free ride?

[Jaylah54200]

"credibility2" is known to be one of the biggest Rush-bots on the CBS comments section.

[hypnotoad72]

gadfly65 -

Agreed!

Jaylah54200 -

I've responded to enough times in the past to vouch for his forms of chosen forms of myopia and claimed sympathy.

[credibility2]

Most people don't realize the tremendous financial sacrifices parents of Olympic athletes go through and I'm sure the Lochte's sacrifices didn't help this situation. Unlike some Olympic athletes who probably have any number of special programs to help them out financially because of their minority status; the families of Olympic athletes like Lochte barely make it because all of their financial resources are poured into their kids' pursuit of the competition. The media should focus on this as well as giving high praise to some of the other athletes.

[hypnotoad72]

I'm surprised some haven't said his parents were lazy or didn't have a real job or their usual shtick...