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> Even if proven, the administration’s claim — that Cook violated the law before her time in office by designating two different homes as her primary residence
by triceratops 1y ago
> Even if proven, the administration’s claim — that Cook violated the law before her time in office by designating two different homes as her primary residence when applying for mortgages — probably wouldn’t meet the test.
Seriously that's the allegation? When I heard false information on a mortgage I assumed inflated income or assets or concealing the source of a downpayment. Is this even material? Can't a person have 2 homes and live in both?
- JohnFen 1y ago> Can't a person have 2 homes and live in both? One home is always the "primary residence" for legal purposes. You can have and live in as many homes as you want, but only one counts as your primary residence. That said, the allegation is just that, an allegation. Further, it's coming from people who are highly motivated to exaggerate or lie.
- vel0city 1y agoYou can have two homes and split your time in both but in the end if you want these kinds of finance benefits you can only claim one home as your primary and actually live there most of the time otherwise you are committing fraud. The lender's risk models and expected loan lifetimes are probably radically different if a property is going to be used as someone's primary residence versus an often-vacant vacation home versus a rental property. They'll have offered a different rate and qualification requirements if she said it was going to be a rental apartment. It is still a pretty massive pot meet kettle argument though. Trump's a convicted fraudster. Let's remove everyone who has committed fraud from office. Can we add Ken Paxton to the list with Trump as well? Oh wait, not my guys... I was talking with a neighbor raging about how corrupt Lisa Cook is and how these people just think they should get away with anything and how these people need to be put in prison for a long time. After pointing out Ken Paxton (someone they hope runs for Congress) claimed three houses as primary residences, well, that's different see...
- _mlbt 1y agoI’m all for the law being applied equally to everyone no matter which political party they affiliate with. To be honest it’s ridiculous that we all just accept that politicians get to play by a different set of rules and that your side is corrupt, but it’s different when my side does it.
- xnx 1y ago> Seriously that's the allegation? 3 strikes: Black. Woman. Appointed by Biden.