FHFA Director Bill Pulte has filed a second criminal referral against Federal Reserve Governor Lisa Cook, accusing her of making false statements in ethics filings regarding her property ownership in several states. This situation raises serious allegations concerning potential mortgage fraud.
1. Allegations of False Statements:
• Pulte claims Cook misclassified her Cambridge, MA condominium, initially listed as a "second home" for a mortgage, later labeled as a rental in ethics documents, which may have secured her lower mortgage rates unlawfully.
• Similar accusations are made regarding Cook's properties in Ann Arbor, MI, and Atlanta, GA, which she allegedly declared as primary residences but used as rentals.
2. Legal Action:
• Cook has not denied the allegations but has filed a lawsuit against former President Donald Trump, Fed Chair Jerome Powell, and others, arguing her termination was "unlawful and void. "
• Cook attributes the discrepancies in property designations to clerical errors that occurred before her 2022 confirmation and asserts that they do not warrant her removal.
3. Previous Referrals:
• This referral follows an earlier one on August 15, where similar claims were made about her properties being falsely designated as primary residences for favorable tax treatment.
The situation for Lisa Cook highlights serious allegations of mortgage fraud marked by inconsistencies in property filings. As she contests her termination, claiming violations of her rights, this case raises important questions about ethical conduct within the Federal Reserve.
https://www.naturalnews.com/2025-09-01-pulte-files-second-criminal-referral-against-cook.html
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