Fed Governor Cook declared her Atlanta property as “vacation home,” documents show

Cook’s statements about credit, business forms seem to reduce fraud claims.

Cook never requested tax exemption as a primary housing for Georgia House

The accusations against Cook come in the midst of Trump’s attempts to force the Fed to reduce rates.

By Chris Prentice and Marisa Taylor

Washington, September 12 (Reuters) –

A loan estimation for an Atlanta house purchased by the Federal Reserve Governor Lisa Cook, accused by the Trump administration of the mortgage fraud, shows that Cook has declared the property as a “holiday house iyle according to a document reviewed by Reuters.

The document dated May 28, 2021 was published by the Credit Association in the weeks before completing the purchase process and showed the lender that he told the lender that the Atlanta property would not be the primary residence. It is understood that the document opposed the other documents that Cook’s critics claim that they claim to have made mortgage fraud by reporting two different houses as their primary residence.

Reuters could not reach Cook to comment. Rejected any injustice over and over

Michigan includes a house in Ann Arbor and an investment ownership in Massachusetts.

Leading of Federal Housing Finance Agency Director Bill Pulte, the administrative officials used the mortgage documents from the Atlanta and Michigan properties to accuse the cook as both as “primary housing .. For a host, false residence allegations that could improve mortgage and tax results led Pulte to direct the issue to the Ministry of Justice and to request President Donald Trump to reject him.

Federal reserve remains

He filed a lawsuit to resist the dismissal of the President. Reuters could not determine whether Pulte or management officials were aware of Cook’s Atlanta loan estimation. The spokespersons in FHFA, led by Pulte, did not respond to the request for comments.

Include the standardized federal mortgage documents that predict that each loan obtained by Cook for Atlanta and Michigan properties is designed for “primary residence .. However, the documents reviewed by Reuters for Atlanta Home, who applied to a court in the Fulton district of Georgia, say that the conditions exist as long as the conditions do not accept the loan in writing ”. Credit estimation, a document prepared by the Credit Association, indicates the “Usage of Property: Holiday House ..

The document seems to help Cook’s case, two real estate experts who are not interested in representing it. The reason for this is that in the credit implementation process, the debtor aims to use the property as a holiday home.

Washington -based bank fund personnel Federal Credit Union lent did not respond to the request for comments.

According to the Fulton County tax official, at another point that could help Cook’s case, he did not demand tax exemption as the primary housing for the Georgian house.

A separate document on a federal form, which was reviewed by Reuters and received a security permit for his role in the Federal Reserve, shows that he declared his Atlanta property as a “second house” in December 2021. Although it is indifferent to the mortgage, a US government, which is known as SF-86, is consistent with the claim of Atlanta credit summary.

Trump’s Federal Reserve is an effort to have more control over the US Federal Bank and an independent institution free of political turmoil. Trump has frequently criticized the FED governors for reluctance to reduce interest rates since he returned to the White House earlier this year.

In the midst of the discussions, the personal financing of other government officials and their families is questioned by rival politicians, media and others.

Reuters reported this last week

Pulte’s own father and stepmother

He declared two houses in two different states as primary houses, he asked for a town in Michigan to remove tax exemption for their homes and charge the couple to charge back taxes. Pulte and his family did not respond to their requests for comments on the subject. (Editing by Paulo Prada)