Lisa cook mortgage fraud

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Look at the fraud Trump has committed! The only reason he is targeting Lisa Cook is because she is a black woman.

It's a yes and no response to your comment. Lisa Cook is being targeted, I agree. And she's being targeted because she is the epitome of the worst of DEI, the continual failing upwards by a mediocre talent in the name of identity politics and representation. I do think it's unfortunate, but it is also unfortunate she was nominated in the first place, a minor economic historian (not economist) whose department did not want to give her tenure (overruled by the university who said they needed more black professors) and whose research is so deeply flawed to effectively be made up (as the other well-written poster on this thread has already covered). She is not among the best and brightest, not by a long shot.

I don't have to be a Trump supporter or MAGA or Republican to know there is a growing problem among Democrats with identity politics and nominating unqualified or lesser qualified people for prominent roles in the name of diversity and representation. This is a particular problem with judicial appointees and I include KJB in this category too, although she's not as bad as Lisa Cook is but it's telling that even other liberal justices on SCOTUS have rebuked her in their rulings, not just the conservative ones.

In what way is she a “mediocre talent”?

Spelman, Oxford, Berkeley , a professor, and on the Fed Board in Chicago — among other accomplishments. Are you even qualified to assess her qualifications?

Credentialism only impresses the gullible. Are you privy to her standardized SAT, GRE or GMAT test scores?

Soooo, you’re admitting that you lack the qualifications to adequately assess hers. Got it.

[Anonymous]

LOL!

[Anonymous]

She's not being targeted because she's black or female. She's being targeted because they're trying to stack the Fed to force through large interest rate cuts.

The identity stuff is just a distraction that gets some of his supporters to defend the move and some of his opponents outraged on the same grounds. That leads to the usual culture wars stuff and keeps everyone distracted about what he's trying to do.

[Anonymous]

Sean Duffy, SECDOT, Lori Chavez-DeRemer SEC DOL, Lee Zeldin SEC EPA, Mark Meadows former WH COS all have second and third mortgages listed as their primary addresses, but Pulte doughboy has not forwarded their names to DOJ for investigation. And how could I forget that Texas scoundrel running for US Senate. Add his name to the list.


Yes Paxton has three primary residences.

[Anonymous]

I haven't read this full thread but . . .

After our youngest kid left for college we decided we wanted to move from the 'burbs into DC and bought a condo. When we applied for the mortgage we clicked the box that said we intended to make it our primary residence.

But after buying the place and before selling our house in the 'burbs we decided the condo would be too small and bought a row house in DC instead. We then arranged a mortgage for that place through the same lender. Not just the same company -- the same guy.

Again, we said we intended to use the newest purchase as our primary residence.

He didn't blink an eye or suggest that we had to go back and re-work the mortgage on the condo or that we somehow committed fraud or whatever. What mattered, he said, was at the time of both purchases -- which were only months apart -- we intended the place to be our primary residence.

We ended up rented the condo and eventually sold it.

Several years later we bought an investment property and refinanced the rowhome at the same time. Again, same lender. The interest rate on the investment property, was a whopping .175 percent higher. That's it.

This is all a red herring. A million things could have happened. He doesn't give a shit about her mortgage. He just wants to get rid of her.

[Anonymous]

Anonymous wrote:I haven't read this full thread but . . .

After our youngest kid left for college we decided we wanted to move from the 'burbs into DC and bought a condo. When we applied for the mortgage we clicked the box that said we intended to make it our primary residence.

But after buying the place and before selling our house in the 'burbs we decided the condo would be too small and bought a row house in DC instead. We then arranged a mortgage for that place through the same lender. Not just the same company -- the same guy.

Again, we said we intended to use the newest purchase as our primary residence.

He didn't blink an eye or suggest that we had to go back and re-work the mortgage on the condo or that we somehow committed fraud or whatever. What mattered, he said, was at the time of both purchases -- which were only months apart -- we intended the place to be our primary residence.

We ended up rented the condo and eventually sold it.

Several years later we bought an investment property and refinanced the rowhome at the same time. Again, same lender. The interest rate on the investment property, was a whopping .175 percent higher. That's it.

This is all a red herring. A million things could have happened. He doesn't give a shit about her mortgage. He just wants to get rid of her.

Is honesty important to you?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I haven't read this full thread but . . .

After our youngest kid left for college we decided we wanted to move from the 'burbs into DC and bought a condo. When we applied for the mortgage we clicked the box that said we intended to make it our primary residence.

But after buying the place and before selling our house in the 'burbs we decided the condo would be too small and bought a row house in DC instead. We then arranged a mortgage for that place through the same lender. Not just the same company -- the same guy.

Again, we said we intended to use the newest purchase as our primary residence.

He didn't blink an eye or suggest that we had to go back and re-work the mortgage on the condo or that we somehow committed fraud or whatever. What mattered, he said, was at the time of both purchases -- which were only months apart -- we intended the place to be our primary residence.

We ended up rented the condo and eventually sold it.

Several years later we bought an investment property and refinanced the rowhome at the same time. Again, same lender. The interest rate on the investment property, was a whopping .175 percent higher. That's it.

This is all a red herring. A million things could have happened. He doesn't give a shit about her mortgage. He just wants to get rid of her.

Is honesty important to you?

There’s no evidence that she was dishonest at the time of the mortgage applications.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I haven't read this full thread but . . .

After our youngest kid left for college we decided we wanted to move from the 'burbs into DC and bought a condo. When we applied for the mortgage we clicked the box that said we intended to make it our primary residence.

But after buying the place and before selling our house in the 'burbs we decided the condo would be too small and bought a row house in DC instead. We then arranged a mortgage for that place through the same lender. Not just the same company -- the same guy.

Again, we said we intended to use the newest purchase as our primary residence.

He didn't blink an eye or suggest that we had to go back and re-work the mortgage on the condo or that we somehow committed fraud or whatever. What mattered, he said, was at the time of both purchases -- which were only months apart -- we intended the place to be our primary residence.

We ended up rented the condo and eventually sold it.

Several years later we bought an investment property and refinanced the rowhome at the same time. Again, same lender. The interest rate on the investment property, was a whopping .175 percent higher. That's it.

This is all a red herring. A million things could have happened. He doesn't give a shit about her mortgage. He just wants to get rid of her.

Is honesty important to you?

Red herring fallacy

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you look at the arguments Abbe Lowell put forth in court, they make a lot of sense. He is addressing the inappropriateness of Trump using the fraud allegations as a means of asserting back-door control over the the Federal Reserve -- in this case, getting governors who wil give Trump the lower interest rates that he wishes for.

He is right to make this argument -- it needs to be made! This defense is in all our interests for the good of the system.

Meanwhile, there are reasons why someone can have two primary residences -- like if they buy a house for their parent. I have no idea if this is the situation for Lisa Cook. It does seem sketchy that she has made such data available if it exists. But Abbe Lowell is right that the most important issue here is the malicious nature of the allegations.

Then you can declare it as a second home (not main residence) and pay a higher mortgage rate. She didn’t. You cannot have two main residences. Only one.

Can you cite the law or regulation that says you cannot have two primary residences?

Still waiting for this…

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you look at the arguments Abbe Lowell put forth in court, they make a lot of sense. He is addressing the inappropriateness of Trump using the fraud allegations as a means of asserting back-door control over the the Federal Reserve -- in this case, getting governors who wil give Trump the lower interest rates that he wishes for.

He is right to make this argument -- it needs to be made! This defense is in all our interests for the good of the system.

Meanwhile, there are reasons why someone can have two primary residences -- like if they buy a house for their parent. I have no idea if this is the situation for Lisa Cook. It does seem sketchy that she has made such data available if it exists. But Abbe Lowell is right that the most important issue here is the malicious nature of the allegations.

Then you can declare it as a second home (not main residence) and pay a higher mortgage rate. She didn’t. You cannot have two main residences. Only one.

Can you cite the law or regulation that says you cannot have two primary residences?

Still waiting for this…

Depends on the context. You can have two primary residences under very limited circumstances. Do those exist here? If not, they're irrelevant.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I haven't read this full thread but . . .

After our youngest kid left for college we decided we wanted to move from the 'burbs into DC and bought a condo. When we applied for the mortgage we clicked the box that said we intended to make it our primary residence.

But after buying the place and before selling our house in the 'burbs we decided the condo would be too small and bought a row house in DC instead. We then arranged a mortgage for that place through the same lender. Not just the same company -- the same guy.

Again, we said we intended to use the newest purchase as our primary residence.

He didn't blink an eye or suggest that we had to go back and re-work the mortgage on the condo or that we somehow committed fraud or whatever. What mattered, he said, was at the time of both purchases -- which were only months apart -- we intended the place to be our primary residence.

We ended up rented the condo and eventually sold it.

Several years later we bought an investment property and refinanced the rowhome at the same time. Again, same lender. The interest rate on the investment property, was a whopping .175 percent higher. That's it.

This is all a red herring. A million things could have happened. He doesn't give a shit about her mortgage. He just wants to get rid of her.

Is honesty important to you?

What you did is completely illegal and not compliant with any underwriting guideline (guideline emphasized). More than likely, you financed your home through a short term mortgage finance company typically having pre-arranged engagements for larger servicers to purchase the loans. The broker was complicit and knew what he was doing and probably told you too. The initial company takes a chance the individual file won't be scrutinized for things like this even though it's against the rules. Typically, these files only come back when the loan goes into default.

[Anonymous]

Anonymous wrote:

Sean Duffy, SECDOT, Lori Chavez-DeRemer SEC DOL, Lee Zeldin SEC EPA, Mark Meadows former WH COS all have second and third mortgages listed as their primary addresses, but Pulte doughboy has not forwarded their names to DOJ for investigation. And how could I forget that Texas scoundrel running for US Senate. Add his name to the list.


Yes Paxton has three primary residences.

pulte’s father and stepmother have done the same thing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you look at the arguments Abbe Lowell put forth in court, they make a lot of sense. He is addressing the inappropriateness of Trump using the fraud allegations as a means of asserting back-door control over the the Federal Reserve -- in this case, getting governors who wil give Trump the lower interest rates that he wishes for.

He is right to make this argument -- it needs to be made! This defense is in all our interests for the good of the system.

Meanwhile, there are reasons why someone can have two primary residences -- like if they buy a house for their parent. I have no idea if this is the situation for Lisa Cook. It does seem sketchy that she has made such data available if it exists. But Abbe Lowell is right that the most important issue here is the malicious nature of the allegations.

Then you can declare it as a second home (not main residence) and pay a higher mortgage rate. She didn’t. You cannot have two main residences. Only one.

Can you cite the law or regulation that says you cannot have two primary residences?

Still waiting for this…

"primary" means primary

This whole situation is nothing but politically motivated persecution and a gross abuse of power.

Tens of thousands of people do this same thing every year and don't get prosecuted. There's at least half a dozen senior members of the Administration that have done the same thing. Heck, the President himself committed similar transgressions on a far greater scale.

This is only being done as part of an effort to politically control the independent Fed. The effect will be substantial and permanent. We are becoming Erdogan's Turkey and that is a very bad thing.

But can we please not pretend that the word "primary" is plural.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Sean Duffy, SECDOT, Lori Chavez-DeRemer SEC DOL, Lee Zeldin SEC EPA, Mark Meadows former WH COS all have second and third mortgages listed as their primary addresses, but Pulte doughboy has not forwarded their names to DOJ for investigation. And how could I forget that Texas scoundrel running for US Senate. Add his name to the list.

Yes Paxton has three primary residences.

pulte’s father and stepmother have done the same thing.

The primary residence requirement only lasts for 1 year. Duffy and Chavez-DeRemer are off the hook as those purchases were years apart along with other factors. Zeldin's is a bit more dicey and could result in a reworking of the financing if it was self reported. There is no record of Meadows only a 2nd property but it was confused with a mobile home property long ago straightened out.

[Anonymous]

Exclusive: Bill Pulte accused Fed Governor Lisa Cook of fraud. His relatives filed housing claims similar to hers
By Marisa Taylor, Chris Prentice and Mike Colias
September 5, 20255:15 PM EDTUpdated 23 hours ago

https://www.reuters.com/world/us/bill-pulte-accused-fed-governor-lisa-cook-fraud-his-relatives-filed-housing-2025-09-05/?utm_source=substack&utm_medium=email

Pulte father, stepmother claim dual homestead exemptions in Michigan, Florida
Michigan revokes Pulte exemption after Reuters inquiry
Bill Pulte accuses Fed governor of similar dual residency claims
BLOOMFIELD TOWNSHIP, Michigan, Sept 5 (Reuters) - Close relatives of the federal official who has accused a Federal Reserve governor of improperly claiming primary residence on two properties have declared the same status on two homes in two different states, public records show.
Mark and Julie Pulte, the father and stepmother of Bill Pulte, President Donald Trump’s appointee as director of the Federal Housing Finance Agency, since 2020 have claimed so-called “homestead exemptions” for residences in wealthy neighborhoods in both Michigan and Florida, according to the records. The exemption is meant to give a discount to homeowners on taxes for properties they use as their primary residence.