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Documents Show Lisa Cook Labeled Atlanta Condo a Vacation Home, Undercutting Removal Case

She remains on the Fed under a court order pending a White House appeal before next week’s policy meeting.

Overview

  • A May 28, 2021 loan estimate from Bank‑Fund Staff Federal Credit Union lists the Atlanta property’s use as “Vacation Home.”
  • Cook’s national security questionnaire later labeled the condo a “second home,” and Fulton County records show she did not claim a primary‑residence tax exemption there.
  • U.S. District Judge Jia Cobb granted a preliminary injunction keeping Cook on the Board, and the administration is seeking emergency relief ahead of the Sept. 16–17 Fed meeting.
  • The DOJ opened a criminal inquiry after FHFA Director Bill Pulte’s referral and issued grand‑jury subpoenas in Georgia and Michigan, though no charges have been filed.
  • Critics’ reliance on standard mortgage clauses is complicated by a lender‑consent caveat reflected in the loan estimate, and Pulte faces scrutiny over selective enforcement.