text: Ryan Lochte Parents Swimming in Debt, Facing Foreclosure 
   
   Ryan Lochte -- Parents Swimming in Debt, Facing Foreclosure 
   
   EXCLUSIVE 
   
   US Olympic swimming championmight have to parlay his newfound fame into a quick payday to help out the folks ... because TMZ has learned, his parents are allegedly buried in debt ... and could lose their home.According to a lawsuit filed in Volusia County, FL ... CitiMortgage claims Steven and Ileane Lochte took out a mortgage loan for $258,000 back in 2007 and they were to pay $1,609.58/month.But according to the bank, the Lochtes stopped making payments in February 2011 -- and now owe $242,239 (plus interest) on the home. The bank is suing to foreclose on the house in order to get its money back.But there's a lot on the line -- according to the lawsuit, if the sale of the Lochtes' home doesn't satisfy the couple's entire debt ... the bank wants the Lochtes to pay the difference.Mrs. Lochte filed a motion to dismiss the case last month, but a judge has yet to rule.Attempts to reach the Lochtes were unsuccessful. ||||| 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. 
   
   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. 
   
   Ryan Lochte has won five medals, including two gold medals, in swimming events at the London Olympics.
target: – Ryan Lochte has won five medals so far in London. If his success translates into endorsement deals, the money might come in the nick of time to save his parents' house: TMZ reports that CitiMortgage is suing to foreclose on their place in Florida. The couple still owe about $240,000 but have stopped making payments. Steven and Ileane Lochte divorced last year, but both are in London for the Games, according to AP. (Ileana made headlines earlier with her "one-night stand" comment, and subsequent walkback, regarding her son's lifestyle.) Click for more on the foreclosure story.