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    Home»Latest News»US Fed Governor Cook offers detailed defence in mortgage fraud case | Business and Economy News
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    US Fed Governor Cook offers detailed defence in mortgage fraud case | Business and Economy News

    Ironside NewsBy Ironside NewsNovember 17, 2025No Comments3 Mins Read
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    Cook dinner’s lawyer says the legal referrals in opposition to her ‘fail on even essentially the most cursory have a look at the details’.

    Revealed On 17 Nov 202517 Nov 2025

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    United States Federal Reserve Governor Lisa Cook dinner’s lawyer has provided the primary detailed defence of mortgage functions that gave rise to President Donald Trump’s transfer to fireplace her, saying obvious discrepancies in mortgage paperwork had been both correct on the time or an “inadvertent notation” that couldn’t represent fraud given different disclosures to her lenders.

    Cook dinner has denied wrongdoing, however till Monday, neither she nor her authorized staff had responded in any element to the fraud accusations first made in August by Federal Housing Finance Company (FHFA) Director William Pulte.

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    She has challenged her removing in courtroom, and the US Supreme Court docket has for now blocked Trump’s firing try and can hear arguments within the case in January.

    A Division of Justice spokesperson mentioned the division “doesn’t touch upon present or potential litigation, together with issues that could be an investigation”.

    In a letter to US Lawyer Basic Pam Bondi seen by the Reuters information company, Cook dinner’s lawyer Abbe Lowell mentioned the legal referrals Pulte made in opposition to her “fail on even essentially the most cursory have a look at the details”.

    The 2 separate legal referrals Pulte made fail to determine any proof that Cook dinner deliberately deceived her lenders when she obtained mortgage loans for 3 properties in Michigan, Georgia and Massachusetts, the letter mentioned.

    Lowell additionally accused Pulte of selectively focusing on Trump’s political enemies whereas ignoring related allegations in opposition to Republican officers, The Wall Avenue Journal reported.

    Lowell mentioned different latest conduct by Pulte “undercut his legal referrals regarding Governor Cook dinner”. That behaviour consists of the latest dismissal of the FHFA’s appearing inspector basic and several other inner watchdogs at Fannie Mae, one of many mortgage-finance giants underneath FHFA management.

    The letter additionally cited a latest article by Reuters that mentioned the White Home ousted FHFA appearing Inspector Basic Joe Allen proper after he tried to supply key discovery materials to federal prosecutors within the Jap District of Virginia who’re pursuing an indictment in opposition to New York Lawyer Basic Letitia James.

    James was charged with financial institution fraud and mendacity to her lender additionally after Pulte made a referral to the Justice Division. She has pleaded not responsible, and she or he is searching for a dismissal of the case on a number of grounds, together with vindictive and selective prosecution.

    Cook dinner’s case is being dealt with partially by Ed Martin, the Justice Division’s pardon legal professional, whom Bondi named as a particular assistant US legal professional to help with mortgage fraud probes into public figures.

    The case continues to be being investigated, and no legal costs have been introduced. The division can be individually investigating Democratic California Senator Adam Schiff, additionally at Pulte’s request.



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