{"id":2479,"date":"2025-11-18T05:28:01","date_gmt":"2025-11-18T05:28:01","guid":{"rendered":"https:\/\/inernews.online\/?p=2479"},"modified":"2025-11-18T05:28:01","modified_gmt":"2025-11-18T05:28:01","slug":"us-fed-governor-cook-offers-detailed-defence-in-mortgage-fraud-case-business-and-economy-news","status":"publish","type":"post","link":"https:\/\/inernews.online\/?p=2479","title":{"rendered":"US Fed Governor Cook offers detailed defence in mortgage fraud case | Business and Economy News"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<p class=\"article__subhead\"><em>Cook\u2019s lawyer says the criminal referrals against her \u2018fail on even the most cursory look at the facts\u2019.<\/em><\/p>\n<\/div>\n<div>\n<div class=\"article-dates\">\n<p><span class=\"screen-reader-text\">Published On 17 Nov 2025<\/span><span aria-hidden=\"true\">17 Nov 2025<\/span><\/p>\n<\/div>\n<div class=\"rich-share\" data-testid=\"rich-share\">\n<div class=\"rich-share__wrapper\">\n<div class=\"rich-share__button-wrapper\"><button class=\"rich-share__button row\" aria-expanded=\"false\"><\/p>\n<p>Click here to share on social media<\/p>\n<p><svg class=\"icon icon--share2 icon--primary icon--16 \" viewbox=\"0 0 20 16\" version=\"1.1\" aria-hidden=\"true\"><title>share2<\/title><path fill=\"#000\" fill-rule=\"evenodd\" d=\"M11.688 9.048c-.659 0-1.252.282-1.673.733l-4.92-2.45c.016-.115.028-.232.028-.352 0-.117-.011-.23-.027-.343l4.913-2.423a2.285 2.285 0 0 0 1.68.739C12.964 4.952 14 3.899 14 2.6 14 1.302 12.965.25 11.688.25S9.377 1.302 9.377 2.601c0 .117.01.23.027.343L4.49 5.367a2.285 2.285 0 0 0-1.68-.739C1.536 4.628.5 5.681.5 6.979c0 1.299 1.035 2.35 2.312 2.35.659 0 1.252-.281 1.673-.731l4.92 2.45a2.357 2.357 0 0 0-.029.351c0 1.299 1.035 2.351 2.312 2.351S14 12.698 14 11.399s-1.035-2.35-2.312-2.35Z\" clip-rule=\"evenodd\"\/><\/svg><\/button><\/p>\n<p class=\"rich-share__social-text\">Share<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div aria-live=\"polite\" aria-atomic=\"true\">\n<p class=\"tr-story-p1\">United States Federal Reserve Governor Lisa Cook\u2019s lawyer has offered the first detailed defence of mortgage applications that gave rise to President Donald Trump\u2019s move to fire her, saying apparent discrepancies in loan documents were either accurate at the time or an \u201cinadvertent notation\u201d that couldn\u2019t constitute fraud given other disclosures to her lenders.<\/p>\n<p>Cook has denied wrongdoing, but until Monday, neither she nor her legal team had responded in any detail to the fraud accusations first made in August by Federal Housing Finance Agency (FHFA) Director William Pulte.<\/p>\n<section class=\"more-on\">\n<h2 class=\"more-on__heading\">Recommended Stories<!-- --> <\/h2>\n<p><span class=\"screen-reader-text\">list of 4 items<\/span><span class=\"screen-reader-text\">end of list<\/span><\/section>\n<p>She has challenged her removal in court, and the US Supreme Court has for now blocked Trump\u2019s firing attempt and will hear arguments in the case in January.<\/p>\n<p>A Department of Justice spokesperson said the department \u201cdoes not comment on current or prospective litigation, including matters that may be an investigation\u201d.<\/p>\n<p>In a letter to US Attorney General Pam Bondi seen by the Reuters news agency, Cook\u2019s lawyer Abbe Lowell said the criminal referrals Pulte made against her \u201cfail on even the most cursory look at the facts\u201d.<\/p>\n<p>The two separate criminal referrals Pulte made fail to establish any evidence that Cook intentionally deceived her lenders when she obtained mortgage loans for three properties in Michigan, Georgia and Massachusetts, the letter said.<\/p>\n<p>Lowell also accused Pulte of selectively targeting Trump\u2019s political enemies while ignoring similar allegations against Republican officials, The Wall Street Journal reported.<\/p>\n<p>Lowell said other recent conduct by Pulte \u201cundercut his criminal referrals concerning Governor Cook\u201d. That behaviour includes the recent dismissal of the FHFA\u2019s acting inspector general and several internal watchdogs at Fannie Mae, one of the mortgage-finance giants under FHFA control.<\/p>\n<p>The letter also cited a recent article by Reuters that said the White House ousted FHFA acting Inspector General Joe Allen right after he tried to provide key discovery material to federal prosecutors in the Eastern District of Virginia who are pursuing an indictment against New York Attorney General Letitia James.<\/p>\n<p>James was charged with bank fraud and lying to her lender also after Pulte made a referral to the Justice Department. She has pleaded not guilty, and she is seeking a dismissal of the case on multiple grounds, including vindictive and selective prosecution.<\/p>\n<p>Cook\u2019s case is being handled in part by Ed Martin, the Justice Department\u2019s pardon attorney, whom Bondi named as a special assistant US attorney to assist with mortgage fraud probes into public figures.<\/p>\n<p>The case is still being investigated, and no criminal charges have been brought. The department is also separately investigating Democratic California Senator Adam Schiff, also at Pulte\u2019s request.<\/p>\n<\/div>\n<p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cook\u2019s lawyer says the criminal referrals against her \u2018fail on even the most cursory look at the facts\u2019. Published On 17 Nov 202517 Nov 2025 Click here to share on social media share2 Share United States Federal Reserve Governor Lisa Cook\u2019s lawyer has offered the first detailed defence of mortgage applications that gave rise to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-canada-news"],"_links":{"self":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts\/2479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2479"}],"version-history":[{"count":0,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts\/2479\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/media\/2480"}],"wp:attachment":[{"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}