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December 9, 2025

ProPublica: Trump's Mortgages Match His Description of Mortgage Fraud
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President Trump has accused his political enemies, including Federal
Reserve Governor Lisa Cook, of mortgage fraud for claiming more than one
primary residence on her loans. Now a Pro Publica investigation finds
that President Trump did the same thing in the 1990s, when he took out
two Florida mortgages and claimed that each home would be his main
residence. According to Pro Publica, President Trump never lived in the
two Florida houses and instead used them as rental properties. Kathleen
Engel, a Suffolk University law professor and leading expert on mortgage
finance, told Pro Publica, "Given Trump's position on situations like
this, he's going to either need to fire himself or refer himself to the
Department of Justice. Trump has deemed that this type of
misrepresentation is sufficient to preclude someone from serving the
country."


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