Romney fund-raiser lobbied for foreclosure firm

Fiorentino brought in $102,900

July 19, 2011|By Matt Viser, Globe Staff
  • Mitt Romney has relied heavily on a fund-raiser who has lobbied on behalf of a large mortgage service provider.
Mitt Romney has relied heavily on a fund-raiser who has lobbied on behalf… (Brian Snyder/Reuters )

WASHINGTON - Mitt Romney has spent time on the campaign trail railing against high foreclosure rates, traveling earlier this year to one of the country’s foreclosure capitals, North Las Vegas, to bring the point home.

But as he has built his fund-raising machine, he has relied heavily on a man who has lobbied Congress on mortgage reform and antipredatory lending legislation that contained strict rules aimed at preventing another subprime mortgage collapse.

T. Martin Fiorentino Jr., who raised $102,900 for Romney, lobbied on the legislation on behalf of Lender Processing Services, a so-called “foreclosure mill’’ that was reprimanded in April by the government for “unsound practices related to residential mortgage loan serving and foreclosure processing.’’

In the world of political fund-raising, Fiorentino is known as a “bundler,’’ someone who solicits contributions for a candidate and brings them to a candidate’s campaign - in this case Romney’s - in one lump sum.

Romney has not released a complete list of his campaign’s bundlers.

But an ethics law passed in 2007 requires candidates to disclose any registered lobbyist who raises at least $16,000 for a candidate. Romney’s latest campaign finance report, filed on Friday, lists six lobbyist-bundlers who combined raised nearly $520,000 out of the $18.4 million Romney brought in over three months.

Of the lobbyists, Fiorentino raised the second largest amount, trailing only Patrick J. Durkin Sr., a managing director at Barclay’s Capital, who raised $167,800 for Romney.

The other lobbyists who are bundling money for Romney are Wayne Berman, a major GOP lobbyist at Ogilvy Government Relations whose clients include top oil and gas companies; David Beightol, a managing principal at Dutko Worldwide, a GOP lobbying firm that is run by longtime Romney adviser Ron Kaufman; Drew K. Maloney, a former staffer for then-majority whip Tom DeLay who is now at Ogilvy; and Judi A. Rhines, who cofounded the Rath Group, which is based in New Hampshire and is run by Romney adviser Tom Rath.

Fiorentino’s office referred requests for comment to the Romney campaign, which released a brief statement that did not address his role or whether it would release a more complete list of bundlers.

“We disclose all of the information about our donors as required by law and anyone who is interested can review it publicly,’’ said campaign spokeswoman Andrea Saul.

President Obama’s campaign on Friday voluntarily released its list of nearly 250 big-dollar bundlers, and challenged Romney and others to do the same.

The Obama campaign does not accept donations from registered lobbyists.

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