A reporter was thrown out of the Fed’s annual Jackson Hole conference and hit with a criminal trespass notice for asking Federal Reserve Governor Lisa Cook questions about her mortgage fraud scandal.
Fed Chair Jerome Powell, Federal Reserve Governor Lisa Cook, Governor of the Bank of England, President of the European Central Bank and others were present at the Fed’s annual press conference in Jackson Hole, Wyoming on Friday.
CNBC reported on Lisa Cook’s attendance at the annual conference in Jackson Hole.
Federal housing regulator Bill Pulte has produced documents alleging Lisa Cook committed mortgage fraud – specifically occupancy fraud – when she lied about her out-of-state Atlanta condo being her ‘primary residence.’
According to Pulte’s 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.”
By claiming “primary residence” on her out-of-state condo, Lisa Cook received more favorable loan terms and a lower interest rate.
On June 18, 2021, Cook acquired a loan on a property in Ann Arbor, Michigan. On the mortgage agreement, Cook represented to “use the Property as Borrower’s principal residence within 60 days after the execution of her agreement, Pulte said.
On July 2, 2021, just two weeks later, Lisa Cook also purchased a condo in Atlanta and entered a 30-year mortgage agreement and affirmed the property would serve as her primary residence within 60 days of the execution of the mortgage and would serve as her primary residence for a full year, Pulte’s referral said.
Pulte dropped more receipts on Friday morning as Lisa Cook attended the annual conference in Wyoming.
Hellbound and Down 