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How the Fired Fed Governor Lisa Cook Engaged in Blatant Mortgage Fraud — It’s Far Worse Than You Think

Image by Portfolio Armor

Guest post by Robert Bowes

Will Too Late Jay Powell allow an illegitimate Fed meeting September 16-17, 2025?

Cook’s false occupancy statements on mortgage applications are confirmed by her numerous errors and omissions in her signed U.S. Office of Government Ethics financial filings.

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But wait, there’s more. Did Cook exploit regulatory lapses at a free-wheeling DC credit union where they ignored risks and gave her two low-interest rate mortgages?

Cook likely could not have tricked the underwriting systems at major banks, Fannie Mae, and Freddie Mac, but was approved for two first mortgages from Bank-Fund Staff Federal Credit Union (“BFSFCU”), where she was somehow admitted by BFSFCU as a member even though she has no known affinity to meet eligibility.

Cook made false statements on two mortgage applications that BFSFCU overlooked and closed the two mortgages as primary or secondary residences in Atlanta, GA, and Cambridge, MA, when instead the loans should have been properly disclosed as riskier, higher down payment, and higher rate and fee rental properties.

Cook already had a primary residence and a first mortgage prior to being let into BFSFCU.

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