Trump fraud allegation on Lisa Cook challenged as loan document sides with her
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A signed loan estimate tied to Lisa Cook’s Atlanta home is now threatening to blow a hole straight through Trump’s fraud allegations. The document, reported by Reuters, clearly shows Cook told her lender in May 2021 that the property was a “vacation home,” not her main residence. That puts her in direct conflict with claims by Trump officials that she lied to gain favorable mortgage terms by declaring two different homes as her primary residence. Lisa, who is still holding her position as a Federal Reserve governor, completed the purchase of the Atlanta home shortly after receiving that loan estimate from Bank-Fund Staff Federal Credit Union, based in Washington. The details written in that document stand in contrast to the accusation that she listed both her Ann Arbor, Michigan home and the Atlanta one as primary residences. The Trump camp says that would violate mortgage rules. But the estimate issued to Lisa describes the Atlanta home’s use as “Vacation Home,” plain and simple. Trump orders dismissal, Cook sues to keep seat The fight didn’t stay at paperwork. The Federal Housing Finance Agency, led by Bill Pulte, used mortgage filings to accuse Lisa of breaking the rules. Bill flagged the matter to the Department of Justice, triggering a federal probe. That was followed by a direct order from Trump, now back in the White House, telling Lisa to pack up and leave the Fed. She didn’t. Instead, she filed a lawsuit against him, refusing to step down. Bill’s claims are backed by federal mortgage forms that list both homes as “primary residences.” But those forms also include a clause that says that designation applies “unless Lender otherwise agrees in writing.” The loan estimate given to Lisa was in writing. It says “Vacation Home.” Two real estate experts, neither of whom represent…
