Trump's Own Mortgages Match His Description of Mortgage Fraud, Records Reveal

[muriel_volestrangler]

No surprise there - "every accusation is a confession" has never been so true as for Trump:

In 1993, Trump signed a mortgage for a “Bermuda style” home in Palm Beach, Florida, pledging that it would be his principal residence. Just seven weeks later, he got another mortgage for a seven-bedroom, marble-floored neighboring property, attesting that it too would be his principal residence.

In reality, Trump, then a New Yorker, does not appear to have ever lived in either home, let alone used them as a principal residence. Instead, the two houses, which are next to his historic Mar-a-Lago estate, were used as investment properties and rented out, according to contemporaneous news accounts and an interview with his longtime real estate agent — exactly the sort of scenario his administration has pointed to as evidence of fraud.

At the time of the purchases, Trump’s local real estate agent told the Miami Herald that the businessman had “hired an expensive New York design firm” to “dress them up to the nines and lease them out annually.” In an interview, Shirley Wyner, the late real estate agent’s wife and business partner who was herself later the rental agent for the two properties, told ProPublica: “They were rentals from the beginning.” Wyner, who has worked with the Trump family for years, added: “President Trump never lived there.”

Mortgage law experts who reviewed the records for ProPublica were struck by the irony of Trump’s dual mortgages. They said claiming primary residences on different mortgages at the same time, as Trump did, is often legal and rarely prosecuted. But Trump’s two loans, they said, exceed the low bar the Trump administration itself has set for mortgage fraud.

https://www.propublica.org/article/trump-mortgage-fraud-florida-principal-residences

[bucolic_frolic]

1. Of course. Tangible projection. Don't look at me, lookee over there at Democrat. /nt

[MLWR]

2. Every accusation is a confession.

[IronLionZion]

3. Always projecting their own crimes

[Baitball Blogger]

4. We all knew it would roll this way.

Whatever he's done, he accuses others of doing. Why we can't turn it around and show he's trying to distract from his own sins is beyond me.

[twodogsbarking]

5. "The only source of knowledge is experience". A. Einstein.

[malaise]

6. I'm shocked

NOT
Rec

[sakabatou]

7. Who'd knew a fraudster would commit... *checks notes* fraud?

[Martin Eden]

8. This is far more flagrant than what Letitia James is accused of.

Trump won't be held accountable for mortgage fraud, but he might be found guilty of sheer hypocrisy in the court of public opinion -- if the mainstream media does its job.

[PatSeg]

9. Oops!!!

Casting stones and all that - he should have seen it coming.

[3Hotdogs]

10. Another fraud on his part - different values for his property. One for mortgage application and another

value for insurance purposes.

[Ol Janx Spirit]

11. Something, something, [accordion hands], Bill Clinton and slEEpy JOE! It's their fault!

Because conservatives only require "personal responsibility" from others--never taking any of their own when caught.

At this point the Wizard of Snooze has legitimately set himself up to say. "I didn't know anything about it," in almost any instance--because his ability to know almost anything is highly questionable.

And all-too-many voters could not care less. All they want is their gas and groceries to be cheap.

It is far too easy to convince most Americans that any issue is one that both sides do, have done, or have caused.

Cynicism-induced stupidity and willful ignorance will eventually kill us all....

[Kid Berwyn]

12. Someone tell Pulte.

Bondi already knows.

[mwb970]

13. I have a theory about trump's incessant projection.

He doesn't have enough imagination to make up a plausible lie against one of his many enemies out of whole cloth, so he picks some terrible or illegal thing that he himself has done and accuses his enemy of it. It seems like a stupid thing to do, but we are talking about one of the stupidest people in America and we must adjust our theories accordingly.

[Qutzupalotl]

14. That has the effect of softening public outrage

because people barely paying attention assume “everyone is doing it.” A person capable of shame over hypocrisy would never do that, but that is the reason for being so over the top.

It's also why he keeps throwing around accusations of “election interference” — to make his supporters feel that cheating is justified, and do his unspoken bidding.

[maxsolomon]

15. But Bill Pulte didn't refer it to the DOJ.

So, not a crime.

[popsdenver]

16. LOL

he also bought a huge building of Condominiums down in Florida...........He leased them to Uber Rich Russian Oligarchs for obscene amounts of money, and they never occupied them, they were left empty..........talk about money laundering/grifting.......

[UTUSN]

17. knr

[Martin68]

18. Trump's Standard Operating Procedure (or MO) is to prosecute his enemies for crimes of which he is guilty.