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Walter Quinn Takes Over Mortgage, Pays Delinquent TaxesLock Icon

1 min read

Real estate records indicate that two mortgages remain in place on Walter Quinn’s west Little Rock home.

Heading toward a Feb. 8 foreclosure sale, Malvern National Bank held a nearly $1.3 million foreclosure judgment against Quinn, one-time majority shareholder of Little Rock’s now-defunct Heartland Bank, and his wife, Terry.

And Prosperity Bank of El Campo, Texas, held a $6.2 million judgment against Walter Quinn.

The dual judgments were tied to a pair of delinquent mortgages secured by the 7,490-SF Riverview Point residence.

You might recall that the foreclosure sale was called off after an 11th-hour meeting of the minds.

A Quinn-related entity, HB Ven II Ltd., acquired MNB’s judgment. Trailing behind that assignment was the payment of $60,420 for delinquent 2014-16 property taxes, interest, penalties and other costs.

Quinn’s former business associate John Lewis was the recipient of a state tax lien of $124,495 for income taxes owed in 2014.

Lewis also received a nonjudicial foreclosure notice on his Riverdale condo. The action is tied to a delinquent loan that totaled $215,000 when it was originated back in 2011 by Community State Bank of Bradley.

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