Why Do 3 Supporters Own Obama Home?

Barack Obama is not among at least three people listed as current owners and taxpayers of the mansion his family calls home in Chicago's upscale Kenwood neighborhood, according to public records.
WND reported in December 2008 that William Miceli, the attorney for convicted political operative Tony Rezko and a fundraiser for Obama, owns the Obama home at 5046 S. Greenwood.
Miceli is a lawyer at the Chicago law firm Miner, Barnhill & Galland, which employed Obama when he did legal work for Rezko.

Now, WND has discovered that, along with Miceli, there are at least two other people listed in public records as owners and taxpayers of 5046 S. Greenwood in the South Side neighborhood of Kenwood, an oasis of pricey homes that has attracted professors at nearby University of Chicago.

The Cook County Recorder of Deeds website shows the property was purchased by the Northern Trust Company, with the mortgage recorded Dec. 19, 2005. The records suggest a Northern Trust Company trust, perhaps headed by Miceli, was the deed holder.

There are no Cook County records that show Barack or Michelle Obama own 5046 S. Greenwood Ave., although the likelihood is that the couple are the owners of the Northern Trust Company trust established to buy the property.

Rezko found the new residence for Obama when the Rezko family lived across the street.

In the 2008 presidential campaign, Rezko's role in the purchase created a scandal that threatened to derail Obama's presidential hopes. The list price for the home was $1.95 million. But the Obamas reportedly were able to negotiate a price of $1.65 million when Tony Rezko's wife, Rita Rezko, closed on the purchase of an adjacent vacant lot for $625,000 on the same day. The Obamas later bought one-sixth of the adjacent lot from Rita Rezko, creating a buffer.

Obama was grilled on the transactions before the election in meetings with the editorial staff of Chicago's two major newspapers, the Sun-Times and the Tribune. He admitted to the Sun-Times that it was a "boneheaded move" but denied he coordinated the purchase with the Rezkos. Critics pointed out that any coordination with supporters would be a clear violation of Senate ethic rules.

Now, a search of records shows that, in addition to Miceli, the Obama mansion is owned by Chicago Probate Judge Jane L. Stuart and Obama accountant Harvey Wineberg, both of whom are paying taxes on the property.

WND was assisted in the inquiry by an expert debt collector who had access to professional databases used by debt collection agencies and skip-tracing companies with proprietary "skip-trace" software designed to find debtors who have attempted to run away to avoid payment.

There's more at WND