Trump v. Cook · ¶109
In 2025, the Director of the Federal Housing Finance Agency referred evidence to the Department of Justice suggesting that, shortly before taking her position on the Board, Cook committed mortgage fraud. On June 18, 2021, Cook obtained a $203,000 mortgage to purchase a property in Michigan. In the mortgage agreement, Cook indicated that she would use the Michigan property as her “principal residence for at least one year” starting shortly after signing. Complaint in No. 1:25–cv–02903 (D DC), ECF Doc. 1– 2, Exh. A, p. 3. Just 14 days later, Cook obtained a second mortgage of $540,000 for a property in Georgia. Ibid. In her agreement for that mortgage, she also said that she would use the Georgia property as her primary residence for one year. Ibid. These commitments were relevant because primary-residence mortgages are often eligible for lower interest rates than other mortgages. See…Read in context ›
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