McMahon says home mortgage for Murphy was a 'gift' - WFSB 3 Connecticut

Campaign 2012

McMahon says home mortgage for Murphy was a 'gift'


Republican Linda McMahon has filed an ethics complaint with the U.S. House against Democratic Rep. Chris Murphy, alleging her opponent in Connecticut's Senate race violated House rules by accepting what she calls a generous home mortgage.
Murphy's campaign says the complaint is a political ploy and is "filled with lies."
Murphy was sued in 2007 for defaulting on a mortgage. A campaign spokesman says Murphy missed a few mortgage payments by mistake when he was merging his finances with those of his then-future wife, Cathy Holahan.
The McMahon campaign accuses Murphy of using his congressional position to obtain a "prohibitive gift" in July 2008, a year after the foreclosure lawsuit by securing a $43,000 home equity line of credit from Webster Bank with a 4.99 percent interest rate.
Webster says it treated Murphy the same as other customers, charging the three-term congressman an interest rate 1 percentage point higher than its most creditworthy customers.
A spokesman for Murphy said McMahon will not talk about her experience as chief executive of WWE, formerly known as World Wrestling Entertainment, and "all she's left with is for her campaign manager to file a desperate ethics attack filled with lies."
Nothing will be done in response to McMahon's complaint before Election Day on Nov. 6. The Office of Congressional Ethics is prohibited from acting on such referrals against a candidate made within 60 days of an election.

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