A Trump donor, now a regulator, leads effort to accuse president's foes of mortgage fraud

[Marener]

Each one of them owes a lender additional money on the loan that was taken out on the home that ISN'T their primary residence and they should be fined heavily by the courts to send the message that if you're going to claim that nobody is above the law then you need to obey the law yourself!

The banks didn't bring it up. They signed the contract with the interest rate and are being paid on time.

Why is that good enough for Trump and not everyone else? I don't understand why you think normal people have to live to a higher standard than the elites.

 

[Man With A Plan]

The banks didn't bring it up. They signed the contract with the interest rate and are being paid on time.

Why is that good enough for Trump and not everyone else? I don't understand why you think normal people have to live to a higher standard than the elites.

You think that James, Cook and Schiff are "normal" people?

 

[Man With A Plan]

The banks didn't bring it up. They signed the contract with the interest rate and are being paid on time.

Why is that good enough for Trump and not everyone else? I don't understand why you think normal people have to live to a higher standard than the elites.

The contract quite clearly states that the borrower will be living in the home as their primary residence. Schiff, Cook and James ALL lied when they signed that contract!

Trump never signed a contract like that. It was a loan that was personally guaranteed by Trump.

 

[Marener]

You think that James, Cook and Schiff are "normal" people?

They're not billionaires, that's for sure.

Why are you holding them to a higher standard than billionaires?

 

[Marener]

The contract quite clearly states that the borrower will be living in the home as their primary residence. Schiff, Cook and James ALL lied when they signed that contract!

Trump never signed a contract like that. It was a loan that was personally guaranteed by Trump.

The bank doesn't seem to have a problem with it.

Wasn't that the excuse to ignore Trump's lies?

 

[Man With A Plan]

They're not billionaires, that's for sure.

Why are you holding them to a higher standard than billionaires?

I'm not.
Why was Trump held to a standard that NOBODY else was? Have you watched any of the questioning by the appeals court judges in New York? The poor lawyer representing Tish James's office was asked to provide another case where two sophisticated parties entered into a private contract...a contract that was settled to the satisfaction of both parties and she couldn't name a single one! It was painful watching her try and defend the bullshit that went on in Engeron's courtroom!

 

[Man With A Plan]

The bank doesn't seem to have a problem with it.

Wasn't that the excuse to ignore Trump's lies?

Those banks are owed money by each of those defendants.

 

[otto105]

Trump appinted Bill Pulte to run the Federal Housing Finance Agency. Pulte is using his position to attacknents of Trump. He is accusing them of mortgage fraud. He is making allegations against Adam Schiff and Leticia James. He is behd theclims tht hs lead to investigations.

A Trump donor, now a regulator, leads effort to accuse president's foes of mortgage fraud​

Behind a White House effort to saddle President Trump's political foes with accusations of mortgage fraud is a 37-year-old home construction executive with a deep partisan past.

Bill Pulte, a Florida native, rose in Trump's orbit toward the end of his first term. After courting Trump for years on social media and through generous donations, he now runs the Federal Housing Finance Agency — a perch that has allowed him to target prominent figures who have crossed the president.

In the last five months, Pulte has referred three claims of mortgage fraud against Trump's foes to the Justice Department, leveled against Letitia James, the attorney general of New York; Adam Schiff, the Democratic senator from California; and this week, Lisa Cook, a governor on the board of the Federal Reserve.

Each has denied wrongdoing. Trump announced on Monday night that he was moving to fire Cook.

It is an unusual role for a director of the FHFA, which regulates Fannie Mae — the nation's largest company by assets — and Freddie Mac. The two mortgage financing organizations, which support nearly half of the U.S. residential mortgage market, were taken over by the FHFA during the 2008 economic crisis.

MSN

It’s the actual weaponization of government.

And now they love it.

 

[Marener]

I'm not.
Why was Trump held to a standard that NOBODY else was? Have you watched any of the questioning by the appeals court judges in New York? The poor lawyer representing Tish James's office was asked to provide another case where two sophisticated parties entered into a private contract...a contract that was settled to the satisfaction of both parties and she couldn't name a single one! It was painful watching her try and defend the bullshit that went on in Engeron's courtroom!

Why are you saying that Trump was held to a different standard? I wasn’t aware that it was okay to lie to a bank in a contract.

 

[Marener]

Those banks are owed money by each of those defendants

The banks never made any such claim. They seem happy with the contract. A private contact. Between two sophisticated parties.

 

[IM2]

I'm not.
Why was Trump held to a standard that NOBODY else was? Have you watched any of the questioning by the appeals court judges in New York? The poor lawyer representing Tish James's office was asked to provide another case where two sophisticated parties entered into a private contract...a contract that was settled to the satisfaction of both parties and she couldn't name a single one! It was painful watching her try and defend the bullshit that went on in Engeron's courtroom!

Trump was held to the same standard. What you need to learn is to stop believing everything Trump says. And you need to stop repeating lies yourself. A lawyer cannot talk about cases, that would break attorney client privileges.

 

[Man With A Plan]

Why are you saying that Trump was held to a different standard? I wasn’t aware that it was okay to lie to a bank in a contract.

I'll ask you the same question the appeals court asked Tish James's assistant prosecutor...name another individual who was sued for fraud after entering into a contract with a sophisticated lender and paying off the loan in full ahead of time with interest?

 

[otto105]

I'll ask you the same question the appeals court asked Tish James's assistant prosecutor...name another individual who was sued for fraud after entering into a contract with a sophisticated lender and paying off the loan in full ahead of time with interest?

Apology tour deflection.

 

[Man With A Plan]

The banks never made any such claim. They seem happy with the contract. A private contact. Between two sophisticated parties.

They "seem happy"? You base that on what? Are you claiming they have no problem with borrowers lying to them? Of getting worked on a lower loan rate?

 

[Marener]

I'll ask you the same question the appeals court asked Tish James's assistant prosecutor...name another individual who was sued for fraud after entering into a contract with a sophisticated lender and paying off the loan in full ahead of time with interest?

That’s basically what you’re proposing should happen with Schiff, Cook and James.

 

[Marener]

They "seem happy"? You base that on what? Are you claiming they have no problem with borrowers lying to them? Of getting worked on a lower loan rate?

The banks didn’t sue them. They didn’t file a complaint. The banks are being paid exactly what they asked.

 

[Man With A Plan]

That’s basically what you’re proposing should happen with Schiff, Cook and James.

Totally different type of loan.

Why are you struggling to come up with another example of someone being sued for fraud after signing a contract with a sophisticated lender...and paying the loan off in full with interest?

 

[Man With A Plan]

The banks didn’t sue them. They didn’t file a complaint. The banks are being paid exactly what they asked.

The banks didn't KNOW, Marener! That's why it's FRAUD! Duh?

 

[otto105]

The banks didn’t sue them. They didn’t file a complaint. The banks are being paid exactly what they asked.

Did the banks complain in any of the complaints that TACOdaddy has leveled at Cook or Schiff?


You understand that right.

 

[Marener]

Totally different type of loan.

Why are you struggling to come up with another example of someone being sued for fraud after signing a contract with a sophisticated lender...and paying the loan off in full with interest?

Is it the type of loan where you can lie? I wasn’t aware that was a type of loan.

Not sure why you think paying a loan is a defense for fraud when it comes to Trump but not others.