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McCrory, South Carolina's Sanford get payouts from lender

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A Lee Enterprises, Incorporated newspaper. Majority shareholder: David Hoffmann, Hoffmann Media Group.

McCrory, South Carolina's Sanford get payouts from lender

Pat McCrory

FILE - In this Sept. 18. 2014, file photo, North Carolina Gov. Pat McCrory speaks at the Fayetteville Regional Airport in Fayetteville, N.C. Soon after taking office, McCrory and U.S. Rep. Mark Sanford of South Carolina each accepted six-figure stock payouts from Tree.com, an online mortgage broker that regulators have accused of violating state and federal laws, according to financial records and the company’s chief executive. The two Republican politicians both served as directors at the Charlotte-based brokerage.

Andrew Craft

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By Michael Biesecker and Mitch Weiss The Associated Press

CHARLOTTE, N.C. (AP) — Soon after taking office, North Carolina Gov. Pat McCrory and U.S. Rep. Mark Sanford of South Carolina accepted six-figure stock payouts from an online mortgage broker accused by regulators of deceiving its customers.

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Pat McCrory

FILE - In this Sept. 18. 2014, file photo, North Carolina Gov. Pat McCrory speaks at the Fayetteville Regional Airport in Fayetteville, N.C. Soon after taking office, McCrory and U.S. Rep. Mark Sanford of South Carolina each accepted six-figure stock payouts from Tree.com, an online mortgage broker that regulators have accused of violating state and federal laws, according to financial records and the company’s chief executive. The two Republican politicians both served as directors at the Charlotte-based brokerage.

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