Lisa Cook Passed Rigorous Financial Hearings, But Made 3 ‘Clerical Errors’ On Mortgage Documents

Democrat Federal Governor Lisa Cook went through rigorous hearings before the Senate Banking Committee but claims she made 'clerical' errors on three mortgage applications
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The Federal Reserve Board of Governors makes decisions on monetary policy, banking regulation, and economic stability.

Those nominated by the President must be confirmed by the senate and typically hold advanced degrees in economics, finance, or public policy and have extensive experience in academia, government, or the private sector.

The role demands a deep understanding of monetary policy, banking systems, and economic trends.

Cook, an economist with a Ph.D. from the University of California, Berkeley, met these criteria.

However, she now claims she 'accidentally' committed mortgage fraud by making clerical errors on mortgage documents for three properties.
Christina Aguayo News

Michigan Property (Ann Arbor):
Cook took out a $203,000 mortgage on June 18, 2021, claiming the property as her primary residence - to secure a lower interest rate and less stringent lending requirements.

Georgia Property (Atlanta):
On July 2, 2021, just two weeks later, Cook obtained a $540,000 mortgage for a condo, also claiming it as her primary residence. IRS rules allow only one primary residence at a time.

Massachusetts Property:
Cook purchased a condo in 2021, initially classified as a second home on the mortgage application.

Later that year, she listed it as an investment/rental property in federal financial disclosures. This discrepancy could indicate inconsistent reporting.

Cook’s legal team argues these were “clerical errors” rather than intentional fraud so she can't be removed from the board of governors.