Mortgage documents have been at the center of an effort by President Donald Trump to fire Fed Governor Lisa Cook over alleged mortgage fraud, but a loan estimate from 2021, first seen and reported by Reuters on Friday, seems to undermine those allegations.

The loan estimate for an Atlanta condo Cook bought in 2021 shows that Cook declared the property a “vacation home,” not a primary residence, according to Reuters. Homebuyers get more favorable interest rates and tax credits on primary residences, so claiming multiple properties as a primary residence could land borrowers in trouble. But the loan estimate — details ⇒

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