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Reuters: "A loan for an Atlanta home purchased by Lisa Cook... shows that Cook had declared the property as a 'vacation home.'" Case closed.

People who Trump publicly accuses of mortgage fraud are credit-worthy enough to get loans at the best possible rates regardless of the properties' stated purpose so, unlike Trump - who was convicted of multiple counts of real estate fraud - they didn't actually need to commit fraud to get favorable terms.

#9 | Posted by visitor_ at 2025-09-20 05:14 PM
I've never claimed more than one primary residence at a time on loan or tax documents.

Good for you.

For taxes there may only be one "Primary" residence. For loans there may be several "Principal" residences if you spend substantial amount of time there (e.g., working or taking care of a relative in other city or state, etc.) and they are not "vacation" / "secondary" / "rental" or "investment" properties.

This is not unusual.

What is unusual - and much more interesting - is WHO dug this generally non-public info and WHY it was done the way it was:

WHO : Bill Pulte, current head of FHFA, who inherited PulteGroup real estate empire, currently worth $26B.

HOW : Did Pulte or his staff just happen to read some randomly chosen (from millions held by Fannie and Freddy) past mortgage applications and stumbled into the alleged abuses by NY AG Letitia James, Sen. Adam Schiff and Fed Gov. Lisa Cook? Mortgage files are not public, so what was the 'primary' reason for him to even start looking for this information?

WHY : If he really thought they committed a fraud, why announce it publicly instead of going through usual procedures of informing IG and eventually referring the case to DOJ for prosecution?

Obviously, as was the case with Jerome Powell, the intent is to intimidate and force out a member of supposedly "independent" agency to staff it with lapdogs who would do his bidding of lowering interest rates and devaluing the USD, regardless of inflation or other economic issues.

Pulte's RE company can also potentially profit from lower interest rates... but Trump's and his cabinet of flunkeys issue of conflicts of interests seems to be a feature, not a bug.

Maybe Pulte himself has some 'splaining to do?
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