Story perspectives
Trump’s 1993 Mortgages Prompt FHFA Referral, DOJ Charges Others
6/7/2026
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Story summary
- President Donald Trump’s 1993-94 dual mortgages are cited as comparable to his administration’s mortgage-fraud accusations against opponents.
- Such dual claims can be lawful but exceed the low fraud threshold, while Federal Housing Finance Agency head Bill Pulte warned they merit criminal referral.
- White House called the allegations false, while Justice Department pursued mortgage-fraud charges against Attorney General Letitia James and Fed board member Lisa Cook, with no Republican case referred.
