Trump just fired Fed Governor Lisa Cook. She’s suing him. The allegation? Mortgage fraud – two “primary residences” in two weeks.
Mortgage fraud can carry 30 years in prison. Longer than most mortgages.
Markets hate this kind of dysfunction. When the Fed looks like reality TV, your mortgage strategy has to stay real.
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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate