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Five More Senators Disclose Their Mortgages

The number of senators refusing to name their home mortgage lenders continues to decline. In the wake of a Politico report June 24 that 23 senators failed to provide information in response to our survey on home lenders, five more offices provided details, bringing the number of non-responders down to just 18 holdouts.

The new information comes from the offices of Sen. Mark Pryor (D-Ark.), who says his home purchase was financed by First Home Mortgage; Sen. Norm Coleman (R-Minn.) who says he has a mortgage from U.S. Bank on his home in Minnesota and rents a place in Washington; Sen. Kay Bailey Hutchison (R-Texas), who says she has mortgages on homes in Texas and Virginia financed by U.S. Trust: Sen. Gordon Smith (R-Ore.) who says he has loans from Chase and GMAC; and Sen. Debbie Stabenow (D-Mich.), who says she holds mortgages with HSBC and Bank of Bloomfield Hills.

Politico’s survey was prompted by disclosures that two senators, Chris Dodd (D-Conn.) and Kent Conrad (D-N.D.), had received VIP mortgage rates arranged by Angelo Mozilo, the CEO of Countrywide Financial, a large mortgage lender caught up in the subprime mortgage collapse. 

The entire list of responses can be found here.

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