Diamond speaks on the foreclosure rumors..

Diamond says that her house did go into forclosure, but that it was a business decision.

Earlier this week, we reported that Lil' Scrappy and former Crime Mob rapper Diamond's homes had reportedly gone into foreclosure.


Now, in an exclusive interview with XXLMag.com, Diamond says that one of her houses did in fact go into foreclosure, but that it was a business decision.


XXLMag.com


She added, "People do it all the time. Donald Trump does it. If a person can’t understand that, then they’re stupid." XXLMag.com


Ironically, Diamond - whose current single "Lotta Dough" was recently remixed by Young Dro, Dorrough, Slim Thug, Twista and Trina - says that not only does not live in the residence in question, but that it actually went into foreclosure long before the information broke that it had this past weekend.


"It’s kind of funny that this is coming out now because I let the house go to foreclosure a long time ago," she explained. "I guess with the courts and it finally going on the market, all of this is just now coming out. I’ve upgraded my place of residence four times since that first house. I don’t want to say where I live now, but I want my fans to know that I own the house that I live in now." XXLMag.com