ReFi
If Dianne Feinstein is known as "DiFi," maybe Norm Coleman should be called "ReFi."
In the 14 years since The Minnesota Senator-in-Limbo and wife Laurie purchased a home in St. Paul, he has refinanced or otherwise revised the terms of his mortgage 12 times, according to records obtained by a Coleman foe.
The documents aren't especially sinister -- but they paint a portrait of a politician, who, like just about every other homeowner in the country, used his primary residence as an ATM machine as real estate prices spiked.
It appears from the filings that Coleman and his family piled up a huge increase in their debt -- rising from a $172,000 first mortgage to a final $775,000 30-year loan registered in 2007.
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Unless the Minneapolis paper (startribune.com) is making stuff up, it's right out there that he's in financial trouble and part of a lawsuit in Texas to funnel money to his wife. Yes, it is a shame, but it's not made up.
http://www.politico.com/blogs/glennthrush/0109/ReFi.html