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Why are all these leading Democrats suddenly facing mortgage fraud charges? Trump's retribution guy at the Federal Housing Finance Agency

NxNW

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So let me understand this. The Director of the Federal Housing Finance Agency made what appears to be inaccurate claims regarding Cook.
And based on those claims alone, not any kind of investigation, Trump fires Cook.
Say it ain't so!
 
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FreeinChrist

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What is funny is that Bill Pulte's parents had two primary residences, though not since Pulte raised this accusation.


Bill Pulte, President Donald Trump’s appointee as director of the Federal Housing Finance Agency since 2020, has accused Federal Reserve Governor Lisa Cook of fraud, alleging that the former Michigan State professor improperly claimed her primary residence on two properties -- one in Ann Arbor and the other in Atlanta.​
Based on the allegations, Trump tried to fire Cook, hoping to have her removed from the board so he could push through lower interest rates. A federal judge has ruled that her removal is illegal.​
Interestingly, Reuters, citing public records, reports that Pulte's father, Mark Pulte, and stepmother, Julie Pulte, have done the same thing Cook is accused of. The Pulte parents have claimed primary residences in wealthy neighborhoods in both Michigan and Florida.....​
quoting Reuters in the article:​
Local tax officials in both states told Reuters that claiming more than one home as a primary residence isn’t generally allowed in their jurisdictions and could be punishable by fines or back taxes. After Reuters contacted tax officials in Bloomfield Township, Michigan, to inquire about the dual claims, Darrin Kraatz, director of assessing, on Thursday said the township “as of today” would revoke the exemption on the Pultes’ residence there.​
HIs parents may have to pay back taxes thanks to Pulte making his accusations against Cook, who clearly told bankers that the home in Florida is a vacation home.
 
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Clare73

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What is funny is that Bill Pulte's parents had two primary residences, though not since Pulte raised this accusation.
Bill Pulte, President Donald Trump’s appointee as director of the Federal Housing Finance Agency since 2020, has accused Federal Reserve Governor Lisa Cook of fraud, alleging that the former Michigan State professor improperly claimed her primary residence on two properties -- one in Ann Arbor and the other in Atlanta.​
Based on the allegations, Trump tried to fire Cook, hoping to have her removed from the board so he could push through lower interest rates. A federal judge has ruled that her removal is illegal.​
Interestingly, Reuters, citing public records, reports that Pulte's father, Mark Pulte, and stepmother, Julie Pulte, have done the same thing Cook is accused of. The Pulte parents have claimed primary residences in wealthy neighborhoods in both Michigan and Florida.....​
HIs parents may have to pay back taxes thanks to Pulte making his accusations against Cook, who clearly told bankers that the home in Florida is a vacation home.
That is as it should be. . .and I suspect Pulte would agree.
 
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FreeinChrist

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He is keeping silent about his parents.



Trump Is Accusing Foes With Multiple Mortgages of Fraud. Records Show 3 of His Cabinet Members Have Them.​


The Trump administration has vowed to go after anyone who got lower mortgage rates by claiming more than one primary residence on their loan papers......​
Labor Secretary Lori Chavez-DeRemer entered into two primary-residence mortgages in quick succession, including for a second home near a country club in Arizona, where she’s known to vacation. Transportation Secretary Sean Duffy has primary-residence mortgages in New Jersey and Washington, D.C. Lee Zeldin, the Environmental Protection Agency administrator, has one primary-residence mortgage in Long Island and another in Washington, D.C., according to loan records.​
 
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Pommer

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This is exactly what authoritarian regimes do, heavy-handed policing of the law against ones political opponents.
And wavers (or pardons) for ”friends”, yes.
 
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DaisyDay

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So let me understand this. The Director of the Federal Housing Finance Agency made what appears to be inaccurate claims regarding Cook.
And based on those claims alone, not any kind of investigation, Trump fires Cook.
You have to take into consideration that Trump tried to fire her before, but he was blocked because SCOTUS said, in this case, that he couldn't fire her without cause, so he had his underling find a cause. Turns out to be a bogus cause, but it's nevertheless "a" cause.

Some people will call this presidential overreach - me among them.
 
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