Owner-Occupancy Mortgage Fraud: Benefits, Risks, Workarounds - Financial Samurai
Embattled Federal Reserve Governor Lisa Cook is facing accusations of mortgage fraud—specifically, owner-occupancy mortgage fraud. The claim is that she took out two mortgages in two states, within two weeks, while designating both properties as her “primary residence.” If true, it’s a terrible look for someone sitting on the Fed, the very institution tasked with