Trump’s Own Mortgages Match His Description of Mortgage Fraud, Records Reveal
The Trump administration has argued that Fed board member Lisa Cook may have committed mortgage fraud by declaring more than one primary residence on her loans. We found Trump once did the very thing he called “deceitful and potentially criminal.”
In 1993, Trump signed a mortgage for a “Bermuda style” home in Palm Beach, Florida, pledging that it would be his principal residence. Just seven weeks later, he got another mortgage for a seven-bedroom, marble-floored neighboring property, attesting that it too would be his principal residence.
In reality, Trump, then a New Yorker, does not appear to have ever lived in either home, let alone used them as a principal residence. Instead, the two houses, which are next to his historic Mar-a-Lago estate, were used as investment properties and rented out, according to contemporaneous news accounts and an interview with his longtime real estate agent — exactly the sort of scenario his administration has pointed to as evidence of fraud.
Should Donald Trump demand that Donald Trump be removed from office? He declared two homes as his principal residence that he never lived in and Trump actually rented out those homes to people not his relatives unlike James.
What about all those here in JPP attacking James for this exact thing. When will they go after Trump or is mortgage fraud suddenly OK.?