A bank began the foreclosure process on a Tallahassee home co-owned by Republican US Senate candidate Marco Rubio after he failed to pay his mortgage for five months, according to court documents filed this week. But Rubio and David Rivera, a Miami state lawmaker who co-owns the home, settled the matter and paid the $9,500 owned to Deutsche Bank, according to Rubio’s spokesman, Alex Burgos.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Exclusive: House Democrat reintroduces bill targeting mortgage credit access
The reintroduced legislation would require lenders to use consumer-permissioned data, rental and bank records, for applicants who request it.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio