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TexasTowelie

(112,144 posts)
Thu May 30, 2019, 09:03 PM May 2019

Former Ohio House speaker buys $330K house in Warren County amid federal investigation

COLUMBUS — Former Ohio House speaker Cliff Rosenberger (R) bought a $330,000 house in Warren County, purchased after his abrupt resignation amid a federal investigation into his interactions with payday lenders.

He arranged a mortgage for all but $792 of the purchase price, according to Warren County public records. Mortgage Resources LLC — a private entity — issued the $329,208 loan.

Built in 2014, the 3,249-square-foot house sits on a quarter acre and has four bedrooms and two-and-a-half bathrooms.

On a financial disclosure statement filed Wednesday, Rosenberger said he had no sources of income in 2018 other than the legislative post that he quit in April and less than $1,000 in interest from a bank account.

Read more: https://www.daytondailynews.com/news/former-ohio-house-speaker-buys-330k-house-amid-federal-investigation/wbeaIdq5Bfl74cDDZCWxCK/

I wonder what interest rate he is paying to the payday lender financing the mortgage?

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