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Trump accused Fed Governor Lisa Cook of mortgage fraud. That can be hard to prove, experts say

 

  • President Donald Trump announced Federal Reserve Governor Lisa Cook's removal, citing allegations of mortgage fraud made by Federal Housing Finance Agency Director Bill Pulte.
  • The Department of Justice has also recently targeted Sen. Adam Schiff, D-Calif., and New York Attorney General Letitia James with similar allegations.
  • However, owner-occupancy mortgage fraud can be difficult to prove, experts say.
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