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Strategies & Market Trends : World Outlook

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To: Les H who wrote (47648)9/13/2025 10:06:39 AM
From: Les H  Read Replies (1) of 49053
 
Fed Governor Cook declared her Atlanta property as “vacation home,” documents show
By Chris Prentice and Marisa Taylor
September 12, 20255

  • Summary
  • Cook’s declarations on loan, job-vetting forms appear to undercut fraud claims
  • Cook never sought tax exemption for Georgia home as primary residence
  • Accusations against Cook come amid Trump’s attempts to force Fed to cut rates


WASHINGTON, Sept 12 (Reuters) - A loan estimate for an Atlanta home purchased by Lisa Cook, the Federal Reserve governor accused of mortgage fraud by the Trump administration, shows that Cook had declared the property as a “vacation home,” according to a document reviewed by Reuters.
The document, dated May 28, 2021, was issued to Cook by her credit union in the weeks before she completed the purchase and shows that she had told the lender that the Atlanta property wouldn’t be her primary residence. The document appears to counter other documentation that Cook’s critics have cited in support of their claims that she committed mortgage fraud by reporting two different homes as her primary residence, two independent real-estate experts said.

Reuters

Very sloppy work by Pulte and Trump..
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