tldrdailynews.com logo
Tag

Mortgage Fraud

All articles tagged with #mortgage fraud

White House Creates Special Committee to Probe Fed Governor Lisa Cook
politics4 days ago

White House Creates Special Committee to Probe Fed Governor Lisa Cook

President Trump has established a special committee to investigate Federal Reserve Governor Lisa Cook, aiming to find 'cause' to remove her from office. The probe centers on allegations of mortgage fraud, which Cook denies, calling it an 'inadvertent error.' Legal experts argue the allegations do not meet the Supreme Court's high bar for firing a Fed official, suggesting the move is a political tactic to bypass judicial protections.

via AP News|
#donald-trump#federal-reserve#lisa-cook
White House forms three-member panel to probe Lisa Cook’s tenure
politics4 days ago

White House forms three-member panel to probe Lisa Cook’s tenure

President Trump has established a three-person commission to investigate Federal Reserve Governor Lisa Cook, aiming to determine if there is 'cause' for her removal. The panel, comprising senior administration officials, will hold a closed-door hearing on November 5 to review mortgage fraud allegations. This move escalates a months-long legal battle that previously saw the Supreme Court block an initial firing attempt, citing due process violations.

via The Washington Post|
#donald-trump#federal-reserve#lisa-cook
White House Establishes Committee to Probe Fed Governor Cook in Latest Ouster Bid
politics4 days ago

White House Establishes Committee to Probe Fed Governor Cook in Latest Ouster Bid

President Trump has signed a memorandum establishing a three-member committee to investigate Federal Reserve Governor Lisa Cook for alleged mortgage fraud, aiming to find 'cause' for her removal. The hearing is scheduled for November 5, two days after the midterm elections. Cook's attorneys expressed grave doubts about the legitimacy of the process but stated they would participate to clear her name. This move follows a June Supreme Court ruling that blocked Trump's initial firing attempt but did not permanently bar future attempts if due process is followed. The investigation stems from 2025 allegations by Federal Housing Finance Agency chief Bill Pulte, which Cook denies, calling the errors inadvertent. Critics, including Senator Elizabeth Warren, have condemned the move as a 'kangaroo court' designed to undermine Fed independence and pressure interest rate decisions.

via NBC News|
#donald-trump#federal-reserve#lisa-cook
politics4 days ago

White House Forms Committee to Probe Fed Governor Cook's Mortgage Claims

President Trump established a three-member committee to investigate Federal Reserve Governor Lisa Cook over alleged mortgage fraud, setting a hearing for November 5. This move follows a Supreme Court ruling that blocked his previous attempt to fire her for lack of due process. While Cook denies the allegations, the inquiry raises concerns about executive overreach and the central bank's independence.

via Politico|
#donald-trump#federal-reserve#lisa-cook
FHFA Director Pulte Slashes Inspector General Budget by 60% Amid Ongoing Probes
politics11 days ago

FHFA Director Pulte Slashes Inspector General Budget by 60% Amid Ongoing Probes

Federal Housing Finance Agency Director Bill Pulte has moved to cut the budget of the agency’s Office of Inspector General by 61.3% for fiscal 2027, a move that would force the office to reduce staff by 70-80% and halt nearly all criminal investigations. The cuts follow an internal probe into Pulte’s alleged misuse of authority to access mortgage records of political opponents. While Pulte argues the office is an 'extraordinary budgetary outlier,' Democrats and oversight experts condemn the move as retaliation that undermines fraud enforcement across the $7.8 trillion housing market.

via Talking Points Memo|
#bill-pulte#budget-cuts#fhfa
law2 months ago

SCOTUS Blogger Sentenced to Six Years for Tax Evasion Tied to Poker Debts

Thomas Goldstein, SCOTUSblog founder and prominent Supreme Court litigator, was sentenced to six years in prison for tax evasion and mortgage fraud after concealing more than $25 million in gambling income and deducting gambling debts as business expenses; the trial included testimony from Tobey Maguire, and Goldstein was convicted on 12 of 16 counts with prosecutors saying more than $9.5 million in unpaid taxes were owed. He faces restitution of about $3.1 million and five years of supervised release following his prison term.

via Politico|
#gambling#law#mortgage-fraud
legal11 months ago

Letitia James Pleads Not Guilty to Bank Fraud Charges Amid Political Tensions

Letitia James, the New York attorney general, was arraigned in Norfolk, Virginia, on federal charges of mortgage fraud and false statements related to her purchase of a property used as an investment. The case involves complex legal motions, including disputes over the appointment of the U.S. attorney and media conduct, with a trial tentatively scheduled for January 2026.

via Lawfare|
#court-arraignment#federal-charges#legal
Letitia James Faces Legal Challenges Amidst Federal Fraud Allegations
law-and-politics11 months ago

Letitia James Faces Legal Challenges Amidst Federal Fraud Allegations

New York Attorney General Letitia James is expected to plead not guilty to charges of mortgage fraud and false statements, which are widely viewed as politically motivated, with her legal team planning to seek dismissal due to alleged improper appointment of the prosecutor and questionable evidence, amidst broader political tensions involving former President Trump.

via The Guardian|
#indictment#law-and-politics#legal-controversy
NY AG Letitia James to face arraignment on mortgage and bank fraud charges
politics11 months ago

NY AG Letitia James to face arraignment on mortgage and bank fraud charges

New York Attorney General Letitia James is set to be arraigned on federal mortgage fraud charges related to a property purchased in 2020, amid allegations of false statements and misuse of the property as an investment. James and her legal team deny the charges, claiming they are politically motivated retribution, and are challenging the appointment of the prosecutor. The case is part of broader political tensions involving former President Trump and his allies.

via ABC News - Breaking News, Latest News and Videos|
#indictment#letitia-james#mortgage-fraud