Fired Federal Reserve Governor Lisa Cook Hit With ANOTHER Criminal Referral Over Third Mortgage Fraud

U.S. Federal Housing sent a second Criminal Referral in the matter of Lisa D. Cook, related to a mortgage on a 3rd property and alleged misrepresentations about her properties to the United States Government during her time as Governor of the Federal Reserve. On April 7, 2021, Cook entered a 15-year mortgage for a condominium in Cambridge, MA, representing it as her “Second Home”. Only eight months later, on December 1, 2021, Cook signed an ethics form with the U.S. Government that this property was an “investment/rental property”. In subsequent filings from 2022 to 2025, Cook consistently listed this property as an investment/rental property, not a second home. Representing the property as a second home may have allowed Cook to secure a lower “Second Home” mortgage down payment and rates, as investment properties typically carry higher down payments and higher rates due to increased risk. Additionally, Cook allegedly misrepresented her Atlanta, GA property from 2022-2025 to the U.S. Government as her residence, despite evidence suggesting it was being rented out to tenants. Similarly, Cook declared in a 2025 government filing that her Ann Arbor, MI property was her personal residence, however, we have reason to believe that as of 2025, the Ann Arbor property is being used as a rental property, not a personal residence. These inconsistencies appear Cook made additional, multiple false representations, including to the U.S. Government, regarding the status of her mortgages and properties. (Pulte)

Federal Reserve Governor Lisa Cook committed financial crimes. Ironically, among them were lies on mortgage applications to secure a lower interest rate (something she refused to do for Americans – lower interest rates).

She has got to go. She lies, cheats, steals. Those in high, fiduciary positions of public trust. controlling American monetary policy must be honest, honorable and free from criminal history.

Trump DOJ Files Blistering Response To Lisa Cook Lawsuit

The Justice Department has filed a response to Federal Reserve Governor Lisa Cook’s lawsuit over her Monday firing – claiming that the President has “broad discretion to remove a Governor for “cause” over allegations of mortgage fraud (with a third property disclosed by Federal Housing Finance Agency (FHFA) Director Bill Pulte last night), and that Cook is “highly unlikely to prevail on the merits.”

The Federal Reserve Act (FRA) empowers the President of the United States to appoint (by and with the advice and consent of the Senate) the members of the Board of Governors of the Federal Reserve System. 12 U.S.C. § 241. Those Governors serve for fixed terms, “unless sooner removed for cause by the President.” Id. § 242. The statute thus expressly contemplates that, even setting aside his Article II authority over principal officers, the President retains broad discretion to remove a Governor for “cause.”

Want to learn more? See the full article here.

“Fired” Lisa Cook is cooked. Even if found not guilty, her reputation is tarnished by her misrepresentations on mortgage applications. Here’s a second criminal referral letter whereby she claimed a third property as a residence but she rented it out – investment property.$SPY pic.twitter.com/NdHf5XEkK1

— Brent (@brent_e_trader) August 29, 2025

Bill Pulte, the federal housing director, makes another criminal referral for Federal Reserve Governor Lisa Cook to @AGPamBondi for a third mortgage he claims she filed — listing properties in GA, MI and MA.

So far, no criminal charges have been brought against Cook. pic.twitter.com/nSY1z0vftT

— Akayla Gardner (@gardnerakayla) August 29, 2025

Related: LISA COOK[ING] THE BOOKS: Trump Firing of Federal Reserve Governor Who Committed Mortgage Fraud Ignites Legal Fight

Embattled Federal Reserve Gov. Lisa Cook hit with 2nd criminal referral from Trump housing director

By Victor Nava, NY PostAug. 29, 2025:

A second criminal referral was filed against Lisa Cook on Thursday, alleging the embattled Federal Reserve Board governor may have made “misrepresentations” on mortgage documents and government disclosures.

The complaint to the Justice Department was lodged by Federal Housing Finance Agency Director Bill Pulte, who was the source of the initial criminal referral that President Trump is using to attempt to fire Cook “for cause.”

“3 strikes and you’re out. Today, US Federal Housing sent a 2nd Criminal Referral in the matter of Lisa D. Cook, related to a mortgage on a 3rd property and alleged misrepresentations about her properties to the United States Government during her time as Governor of the Federal Reserve,” Pulte wrote on X, including a copy of the letter sent to Attorney General Pam Bondi.

Pulte discovered that in April 2021, Cook entered a 15-year mortgage for a condominium in Cambridge, Mass., for $361,000, and attested to the lender that the property would serve as a “second home.”

Eight months later, Cook signed a government ethics form and disclosed that the Cambridge property was being used as an “investment/rental property,” according to the Trump administration official.

In four subsequent disclosures, between 2022 and 2025, Cook continued to list her condo as a rental property and not as her “second home.”

“Second homes receive lower mortgage costs than investment properties, because investment properties are inherently riskier,” Pulte noted in his complaint.

“This is extremely troubling because, in addition to other reasons, by potentially falsely representing the property as a second home, Cook may have received savings by not declaring it as an investment property.”

The housing director also found that Cook listed a property in Atlanta as her “personal residence” on government documents from 2022 to 2025, despite evidence suggesting it was being rented out to tenants.”

Similarly, Pulte informed the DOJ that the Federal Housing Finance Agency “has reason to believe” that an Ann Arbor, Mich., property owned by Cook and listed on mortgage documents and on her government disclosures as a personal residence “is being used as a rental property.”

Pulte asked the DOJ to investigate whether Cook “made further potential criminal violations as well as material misrepresentations to the United States Senate and the United States Government in order to, amongst other things, acquire and retain her position as Governor.”
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Cook’s attorney, Abbe Lowell, did not immediately respond to The Post’s request for comment.

Earlier this month, the FHFA director accused Cook, an academic who served on former President Barack Obama’s White House Council of Economic Advisers and former President Joe Biden’s transition team, of falsifying bank documents and property records to secure better loan terms.

Pulte alleged that the Biden-era Fed appointee listed a condo in Atlanta as her primary residence in July 2021 — just two weeks after she obtained a loan on her Michigan home, which she also declared as a primary residence.

Continued……