The fake news media is now floating a story about embattled Federal Reserve Governor Lisa Cook’s ‘loan estimate’ in which she “declared” her out-of-state Atlanta condo a “vacation home.”
A loan estimate is not binding.
Additionally, Lisa Cook’s Atlanta property is an investment property – not a second home – so she likely lied on the ‘loan estimate’ as well.
NBC News reported:
Federal Reserve governor Lisa Cook declared in financial forms that her Atlanta property would be used as a “vacation home” and not her primary residence, according to documents obtained by NBC News that appear to undercut the Trump administration’s allegations of mortgage fraud.
Federal Housing Finance Agency Director Bill Pulte and President Donald Trump, who has moved to fire Cook, have accused the central bank board member of passing off the property as her main residence for financial gain. Cook has repeatedly denied the allegation, and administration officials have not provided definitive evidence supporting their claims.
A loan summary from the Bank-Fund Staff Federal Credit Union in May 2021 reads: “Property Use: Vacation Home.” Additionally, public records in Fulton County, Georgia, reviewed by NBC News show that no tax exemptions available for a primary residence were sought by Cook.
A second document obtained by NBC News, Cook’s “questionnaire for national security positions,” which was submitted to the Biden administration in late 2021 and later the Senate, contains a question that reads: “Please list all of your interests in real property, including additional homes, vacation homes, rental properties, and interests in trusts that may hold property.”
Cook responded by writing “2nd home” followed by the address of the Atlanta property.
The media is so desperate to run cover for Lisa Cook that they are actually presenting the loan estimate as some sort of evidence that Lisa Cook did not commit mortgage fraud.
Lisa Cook filed a lawsuit against President Trump, the Federal Reserve Board of Governors, and Federal Reserve Chairman Jerome Powell after Trump fired her last month.
Lisa Cook apparently owns three properties, and she allegedly committed mortgage fraud on all three properties.
According to housing regulator Bill Pulte’s first criminal referral, Lisa Cook committed mortgage fraud by lying on her mortgage application and falsifying bank statements when she designated her out-of-state Atlanta condo as her “primary residence”—just two weeks after taking a loan on her Michigan home, which she also claimed as her “primary residence.”
Late last month Pulte sent a second criminal referral on embattled Federal Reserve Governor Lisa Cook after she was allegedly caught lying about a third property in Massachusetts.
The loan estimate actually makes things look worse for Lisa Cook because she likely saw the pricing and cost of the purchase as a “second home” and wanted more favorable loan terms so she declared her Atlanta property as “owner occupied” on the mortgage loan documents.
NBC’s claim that Lisa Cook is suddenly exonerated because of a “loan estimate” she got 2 months before closing is false. You don’t “declare” anything on a “loan estimate.” It’s non-binding. The word “declare” doesn’t even appear on the page. It is purely an estimate that is… https://t.co/RoPTCw1Mge
— James Fishback (@j_fishback) September 13, 2025
Bill Pulte responded to the media’s latest stunt running cover for Lisa Cook:
The Pattern of a Liar
“Unsubstantiated”
Then
“Baseless”
Then
“Unproven”
Then
“Before her Nomination”
Then
“Clerical error”
Then
“Not Cause”
Then
“Biden knew”
Then
“Facial contradictions”
Now
“Loan estimate”
Next
?
The Pattern of a Liar
“Unsubstantiated”
Then
“Baseless”
Then
“Unproven”
Then
“Before her Nomination”
Then
“Clerical error”
Then
“Not Cause”
Then
“Biden knew”
Then
“Facial contradictions”
Now
“Loan estimate”
Next
?— Pulte (@pulte) September 13, 2025
Pulte also said the loan estimate only strengthens the case of fraud.
At the risk of stating the obvious, I believe Dr. Cook’s so called “loan estimate” strengthens the case of fraud.
— Pulte (@pulte) September 15, 2025
The post Fake News Media Floats Lisa Cook’s “Loan Estimate” as Evidence She Did Not Commit Mortgage Fraud – But It Backfires appeared first on The Gateway Pundit.