Senate candidate Marco Rubio in foreclosure tangle over Tallahassee propertyBy John Frank, Times/Herald Tallahassee Bureau
June 19, 2010
TALLAHASSEE — Republican U.S. Senate candidate Marco Rubio is again answering questions about troubles with his personal finances after a bank sought to foreclose on a Tallahassee home he owns with another Miami lawmaker.
Rubio and David Rivera, the House budget chairman who is running for Congress in Miami, failed to make payments for five months, prompting Deutsche Bank to seek full payment and fees totalling $136,000 in a civil lawsuit filed Monday.
A spokesman for Rubio's campaign said "a clarification was needed on the amount owed, which has been resolved." Rivera hand-delivered a $9,525 cashier's check Thursday to the mortgage company's lawyers to cover missed payments and fees.
"There is no foreclosure," Rivera said Friday. "The mortgage is paid and up to date."
Leon County court records don't yet indicate the payment was made and the case remains open. Rubio spokesman Alex Burgos provided a letter acknowledging the payment, which was made a day after the homeowners were told of the foreclosure filing.
The lawsuit may renew criticism over Rubio's personal finances, a problem that has plagued him for years.
As House speaker, Rubio faced questions about his failure to disclose a $135,000 home-equity loan from a bank controlled by his political supporters. He also charged $16,000 in personal expenses, including a $135 expense at a Miami salon, on a state Republican Party credit card. Earlier this year, he refunded nearly $3,000 for flights he double-billed to taxpayers and the party after it was discovered by the Times/Herald.
.....
According to the
Palm Beach Post:
They bought the 1,200-square-foot house for $135,000 in 2005. They received an adjustable rate mortgage that allowed them to make interest-only payments until April 1, 2010.
....
Burgos said Rubio and Rivera began withholding payments in February because of a dispute about how the payments would be calculated after the interest-only period ended.
February?
Jeb's little protégé stopped paying his mortgage in February, 2010?
Why, February 2010 was when Rubio's self-serving spending habits, racking up nearly $110,000 on the GOP American Express Card,
first came to light.
Was Rubio using the GOP's AmEx card to pay his mortgage from 2005 until 2008 when he relinquished use of the card?Golly, there are so many questions about this guy's finances....
And, he thinks he should be Florida's next US Senator.
Sure hope the FBI, IRS and the US Attorney
stay on this grifter.
Marco Rubio and the FLGOP Credit Card Scandal, February 27, 2010
Rubio's credit card hypocrisy: 'Examine everybody else's statements except mine', April 22, 2010
RPOF to release only 3 years of AmEx statements (2007-2009); Rubio used card from 2005-2008, April 23, 2010
U.S. attorney, IRS and FBI investigating Florida GOP credit card use, April 22, 2010
People like this, backed by unlimited money and influence,
particularly that of the Bush Family, have wormed their way into government, infesting it with thieves, liars, grifters, war profiteers, corporate vampires, educational wreckers and toxic polluters.
HAVE WE HAD ENOUGH YET?
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