Skip to main content

Questions Remain Unanswered by Murphy


In a recent Hartford Courant story concerning Representative Chris Murphy’s mortgage issue, Courant columnist Jon Lender writes there are details of the loan still shrouded in mystery.

Mr. Murphy, the Democratic nominee for the U.S. Senate seat soon to be relinquished by Joe Lieberman,  has claimed he missed “several” payments on his mortgage. The lapses of memory did not prevent him from receiving favorable credit from a Webster Bank, although Mr. Murphy, a lawyer, had been sued for non-payment of his mortgage.

One of the more important detail yet unknown is how many payments Mr. Murphy missed. The term “several” is non-specific.

“Among the details still unknown,” Mr. Lender writes, “publicly are: the number of monthly payments Murphy missed leading to the 2007 foreclosure action; how much money he was in arrears by; and whether he was keeping up with payments on a concurrent Webster Bank second mortgage.”

The rate given Mr. Murphy was high for someone who had missed “several” mortgage payments, and the favorable rate given to Mr. Murphy required “a top credit score, and total loans and credit lines that did not exceed 80 percent of the value of the house…

“But whatever marks were on Murphy's credit from the missed payments and lawsuits, a Webster official said that at the time of the loan, the bank's underwriting policy when considering joint applications from married couples was to consider the credit score for the more-creditworthy spouse.

“Without being more specific, Robert Guenther, Webster's senior vice president for public affairs, said Cathy Murphy had good credit — and a higher credit score than her husband.”

Mr. Murphy’s campaign appears to be unwilling to furnish the missing details. Even so, he received from the Courant’s editorial department a review at least as favorable as that of the bank in question.
Labels:

Comments

Post a Comment

Popular posts from this blog

Obamagod!

My guess is that Barack Obama is a bit too modest to consider himself a Christ figure , but artist will be artists. And over at “ To Wit ,” a blog run by professional blogger, journalist, radio commentator and ex-Hartford Courant religious writer Colin McEnroe, chocolateers will be chocolateers. Nice to have all this attention paid to Christ so near to Easter.
Post a Comment
Read more

The Blumenthal Burisma Connection

Steve Hilton , a Fox News commentator who over the weekend had connected some Burisma corruption dots, had this to say about Connecticut U.S. Senator Dick Blumenthal’s association with the tangled knot of corruption in Ukraine: “We cross-referenced the Senate co-sponsors of Ed Markey's Ukraine gas bill with the list of Democrats whom Burisma lobbyist, David Leiter, routinely gave money to and found another one -- one of the most sanctimonious of them all, actually -- Sen. Richard Blumenthal."
17 comments
Read more

Did Chris Murphy Engage in Private Diplomacy?

Murphy after Zarif blowup -- Getty Images Connecticut U.S. Senator Chris Murphy, up for reelection this year, had “a secret meeting with Iranian Foreign Minister Mohammad Javad Zarif during the Munich Security Conference” in February 2020, according to a posting written by Mollie Hemingway , the Editor-in-Chief of The Federalist. Was Murphy commissioned by proper authorities to participate in the meeting, or was he freelancing? If the former, there is no problem. If the latter, Murphy was courting political disaster. “Such a meeting,” Hemingway wrote at the time, “would mean Murphy had done the type of secret coordination with foreign leaders to potentially undermine the U.S. government that he accused Trump officials of doing as they prepared for Trump’s administration. In February 2017, Murphy demanded investigations of National Security Advisor Mike Flynn because he had a phone call with his counterpart-to-be in Russia. “’Any effort to undermine our nation’s foreign policy – e
Post a Comment
Read more