Marco Rubio could face foreclosure in Florida. According to the Associated Press, Rubio, along with another Miami politician, failed to make mortgage payments on a home they co-own in Leon County:
The Deutsche Bank National Trust Company initiated foreclosure proceedings on the home owned by Rubio and state Rep. David Rivera, who is running for Congress. Rubio, a former state House speaker, and Rivera lived in the home when they were in Tallahassee for legislative sessions and other business.
Rubio’s campaign says the matter is being resolved and that the two politicians stopped making payments due to a dispute with the bank. Rubio’s spokesman adds that a check was written for more than $9,500 on Thursday to cover a reinstatement charge and legal fees. Here is Team Rubio’s official statement:
“This is a jointly owned property in Tallahassee that has been in the process of being sold. A clarification was needed on the amount owed, which has been resolved. This loan is current and the action is being withdrawn.”
More from the Palm Beach Post:
[Rubio spokesman Alex] 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. He said that issue has been resolved.
Court documents show Rubio and Rivera owe the bank $138,394 with interest and late charges.
Burgos said the two men have been trying to sell the house.






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