Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

BumRushDaShow

(163,833 posts)
4. NBC news posted a story overnight that I just found and they were looking at the same documents
Sat Sep 13, 2025, 05:39 AM
Sep 13
https://www.nbcnews.com/politics/trump-administration/lisa-cook-federal-reserve-bank-documents-mortgage-fraud-allegations-rcna230964

The PROBLEM is how this loon guy in the FHA has characterized her forms, claiming she made these properties her "primary residence" and she did NOT, and he carefully left out info. From the above link -

Lisa Cook's bank documents appear to contradict Trump administration's mortgage fraud allegations

Sept. 12, 2025, 10:06 PM EDT
By Steve Kopack

(snip)

Federal Housing Finance Agency Director Bill Pulte and President Donald Trump, who has moved to fire Cook, have accused the central bank board member of passing off the property as her main residence for financial gain. Cook has repeatedly denied the allegation, and administration officials have not provided definitive evidence supporting their claims.

A loan summary from the Bank-Fund Staff Federal Credit Union in May 2021 reads: “Property Use: Vacation Home.” Additionally, public records in Fulton County, Georgia, reviewed by NBC News show that no tax exemptions available for a primary residence were sought by Cook.

A second document obtained by NBC News, Cook’s “questionnaire for national security positions," which was submitted to the Biden administration in late 2021 and later the Senate, lists a question that reads: “Please list all of your interests in real property, including additional homes, vacation homes, rental properties, and interests in trusts that may hold property.” Cook responded by writing “2nd home” followed by the address of the Atlanta property.

(snip)

Pulte has also said in recent interviews and in social media postings that Cook "made misrepresentations about her mortgages to the Federal Government when she was a Governor." Cook’s national security questionnaire was filed with the Biden administration in December 2021. Cook joined the Fed after being confirmed by the Senate in May 2022.

(snip)


People need to stop trying to accept the RW loon fucking framing when their past practices have been and continue to be, manufactured bullshit.

Recommendations

3 members have recommended this reply (displayed in chronological order):

Hey Reuters, you could have EASILY made your headline much more clear! AZJonnie Sep 13 #1
They were the first to report this overnight and others are slowly coming around BumRushDaShow Sep 13 #3
That is a MUCH better headline! AZJonnie Sep 13 #14
Huff Post has their own variation BumRushDaShow Sep 13 #15
Good! Like I say, its really not difficult to come up with a much more appropriate/clarifying headline AZJonnie Sep 13 #16
Not as much of a difference as the author implies FBaggins Sep 13 #2
NBC news posted a story overnight that I just found and they were looking at the same documents BumRushDaShow Sep 13 #4
It is NOT a "problem for her". louis-t Sep 13 #10
Sorry - that's flat wrong FBaggins Sep 13 #11
Selling Real Estate 32 years, and the question was between rental home and 2nd home. louis-t Sep 19 #23
Underwriting and providing regulatory training to mortgage lenders for parts of five decades FBaggins Sep 19 #24
what? rampartd Sep 13 #18
That depends a great deal on what you mean by "later" FBaggins Sep 13 #19
Sounds like Lisa Cook has reasons to bring a lawsuit against the administration mdbl Sep 13 #5
Pulte's parents and 3 cabinet Secretaries are accused of fraud that Pulte slammed against Cook. . . . nt Bernardo de La Paz Sep 13 #6
But Cook is still guilty of being a black woman Redleg Sep 13 #7
Why aren't they investigating TX AG Paxton's three mortgages that he reportedly claimed as his primary residences? surfered Sep 13 #8
Trump should be sued for defamation. Baitball Blogger Sep 13 #9
So? Clouds Passing Sep 13 #12
Damn, she didn't lie. republianmushroom Sep 13 #13
The Orange Julius just NEEDS total control. Cheetolini. Evolve Dammit Sep 13 #17
Lisa Cook's latest filing before the court of appeals disputes the fact that there was any mortgage fraud LetMyPeopleVote Sep 14 #20
Trump Lives at A Social Club Because He Declares Himself an Employee DrFunkenstein Sep 14 #21
MaddowBlog-Trump's case against the Fed's Lisa Cook goes from bad to worse LetMyPeopleVote Sep 15 #22
Latest Discussions»Latest Breaking News»Exclusive: Fed Governor C...»Reply #4