Murphy has been sued for nonpayment of his mortgage and non-payment of rent, and has also failed to pay taxes when due on several occasions. In 2007, Chase Home Finance sued for foreclosure against Murphy, whose campaign initially responded by claiming that Murphy had missed "a couple of mortgage payments." Murphy claimed that he did not know he was in default until legal proceedings started. Murphy received a loan at the rate of 4.99% from Webster Bank in 2008 to consolidate his previous mortgages after being sued for foreclosure. At the time of this loan, Murphy was serving on the House Financial Services Committee. In 2008, Webster Bank's political action committee made numerous donations to Murphy's campaign and in 2005 and 2006, Murphy worked for Webster as an attorney. In 2008, Murphy voted for the Troubled Asset Relief Program which Webster received $400 million in 2009. Murphy's 2012 Republican opponent Linda McMahon accused him of receiving what she called "special interest loans," and called on Murphy to release his financial records. Bank officials and outside experts claim there was nothing improper about the loans made to Murphy.
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