Federal Reserve Governor Lisa Cook / Wikimedia Commons Lisa is Cooked! Lisa Cook apparently owns three properties and she allegedly committed mortgage fraud on all three properties. Housing regulator Bill Pulte sent a second criminal referral on embattled Federal Reserve Governor Lisa Cook after she was allegedly caught lying about a third property. According to Pulte, Cook misrepresented a condominium in Cambridge, Massachusetts when she claimed it was a “second home”. Eight months later, Cook signed an ethics form with the US Government and represented the Cambridge property as an “investment/rental property.” Banks and lenders give more favorable loan terms and lower interest rates for second homes. Mortgage loans on investment properties have higher interest rates because they are considered high risk. “In subsequent filings…
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