Toni Braxton - Braxton Facing Foreclosure

TONI BRAXTON is facing the prospect of losing her home after she defaulted on her mortgage payments.

The singer owes more than $12,500 (£7,813) on her mansion in Century City, California and officials at the Bank of America are now looking to foreclose on the property, according to TMZ.com.

The news comes just a week after it was revealed that Braxton is facing a lawsuit from bosses at another financial institution, the City National Bank (CNB), who claim the star owes them $900,000 (£600,000) in loan payments.

Braxton has been facing financial difficulties ever since she scrapped a series of Las Vegas concerts in 2008 when she was diagnosed with a heart problem. She is currently embroiled in a legal battle with her insurance company, after the firm refused to pay out on the axed shows.