The Rubio-Rivera Foreclosure Fundraiser

NEWS FROM THE FLORIDA DEMOCRATIC PARTY

For Immediate Release: June 24, 2010
Contact: Eric Jotkoff, (850) 222-3411

The Rubio-Rivera Foreclosure Fundraiser

From the Department of You Can Make This Up:  Miami Lobbyists Marco Rubio and David Rivera are holding a fundraiser together today in Washington, DC. 

Last week, it was reported that Rubio and his self proclaimed "disciple" David Rivera purchased a house together and then defaulted on the payments, allowing the property to fall into foreclosure.

The pair of ethically challenged Republican politicians have now unwittingly opened up a can of worms when their embarrassing financial tactics were made public.

Some Questions That Need To Be Answered:                   

• Did Rubio and Rivera willfully withhold mortgage payments that were owed based on their mortgage contract?
• Did this tactic of withholding payments allow them to renegotiate or offer the house as a short sale?
• In either case did they have to disclose their income and assets? If so, what are they?
• What did their stalling and negotiating tactics cost the government in lost property values or tax write-off for themselves or the banks?
• And is this whole mess just another example of Marco Rubio getting another sweetheart mortgage deal from his political allies?

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