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ARIZONA LAWMAKER SUED BY HER MORTGAGE LENDER 3-14-2010

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Uploaded by on Dec 16, 2010

LINK FROM: http://www.newzzcafe.com/

SCOTTSDALE, Ariz. -- Ariz. Rep. Michele Reagan, R-District 8, is better known for fighting for new laws, but now, she is speaking about her fight against a lawsuit.

Reagan is being sued by her mortgage company after she questioned who owned held the note on her home.

"It's really scary," she said, "I think that this really needs to be brought to light that this is happening to people in Arizona."

Reagan had wanted to find out she and her husband, David Gulino, could refinance their south Scottsdale home.

"In doing research, I began to wonder if the lender even owned the note to my home," she said. "So I sent them a letter and asked them and asked them several things. I want to know who owns my property. Am I paying the right person?"

Soon after, Colonial Savings filed a lawsuit in U.S. District Court against Reagan and her husband. The company says the couple is trying "to rescind their home loan," or back out on the loan.

"We're not interested in walking," Reagan said. "We're not interested in saying we're not going to pay. We just need a little help with the interest rate."

"I'm current on my loan. Never missed a payment. We've never been late. We were sued for asking too many questions," said Reagan.

As a state lawmaker, Reagan said she had been hesitant to speak out about her ordeal.

"This has now snowballed into something so much bigger and scarier than refinancing and asking who owns your note," she said.

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Uploader Comments (traynickel)

  • Sued for 'asking too many questions'?? WTF!

  • @silvergoldhedge Sued for asking to see the Original Wet Ink signature PROMISSORY NOTE, ASSIGNMENT OF MORTGAGE, THE DEED OF TRUST and THE POOLING & SERVICING AGREEMENT. The Mortgage Lenders worst nightmare, don't believe me, try it yourself. These are the documents the Robo Signers were trying to cover up...

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  • She, Adams, and Linda Gray are such RINOs.

  • Banks are evil, we should all stop paying our debts to them.

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