Don't get distracted over the real issues

Release the Trumpstein-philes, Mr swamp!

Wait...
Sounds about right, actually.

idr what it was but when i read it, sounds like genuine mortgage fraud, perspective from ur local underwriter

not saying that she did it... quick search shows the allegation as a true manipulation of rates and costs to be paid for such a home.... this is true fraud if true. whether or not is true is a different matter. the type of home changes the pricing and base rate. vacation homes, investment homes etc all have higher risk so the threshold for qualifying, including guidelines to be met, are stricter.

the 'tax fraud' ya'll say isn't true.

This post was edited by Ryvulet on Sep 13 2025 03:43pm

I bet you sit when you pee

Im not debating or even considering if the target in question committed fraud chris. But the person doing the accusing has a history of fraud related to his real estate dealings. In simplest terms iirc trumps stuff was valuable when he needed loans but worthless when it came time to pay taxes.

This post was edited by duffman316 on Sep 13 2025 06:02pm

There was no fraud in his scenario.

A real estate collateral is appraised by 3rd parties and the value of that appraisal is what the loan to value ratios can be used off of. It is why I always called it a joke. That is why businesses left New York, because they were afraid that a common practice of giving an estimate of an appraised value on the loan app before the third party appraisal could consider them in a position of investigation for fraud. A bank isn't going to loan out on a non-appraised collateral, unless in a very specific scenario like a streamline rate and term where the prior work was already done, and all of the same parties are simply coming to new loan terms.

This post was edited by Ryvulet on Sep 13 2025 06:44pm

There's no doubt Donald Trump purposefully found himself the best jew accountants in new york city and told them to exploit every real estate loophole and legal trickery that could never be prosecuted, keeping everything technically legal but abusive as possible. We can know this because he's said as much multiple times, including his preference for having bagel-eaters handle his money. Hell he said it on the debate stage to Hillary Clinton's face. 'I know the system is rigged because I exploit it and that makes me smart'

Then democrats weaponized it with ex post fact criminal persecution. Now Trump is doing the same, but has largely (exclusively I hope) been using the persecutory levers of government the democrats wielded, for naked political leverage just to enact his agenda rather than punish the individual. At least on a civil liberties level this isn't too damning.... yet. Its the worry with Trump. But look at Mayor Adams, Lisa Cook- all he cares about is winning the game not hating the player

Just because all rich people do it and get away with it doesn't make it any less tax evasion. All that aside tho, its just someone whos been doing that for years now pointing the fingers at others, its plain insulting how hypocritical it is.

well it makes it avoision instead of evasion if he paints in the lines
Trump also had the benefit of the tribe's painting skills, people like Lisa Cook were more likely to commit low level unambiguous fraud without a mastery of the financial code

Smartest thing he has ever said.