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Trump’s Own Mortgages Match His Description of Mortgage Fraud, Records Reveal
ProPublica found Trump secured two Florida mortgages claiming both as primary residences while renting them out, mirroring fraud accusations his administration made against political rivals.
- Years ago, President Donald Trump took out two Palm Beach mortgages for $525,000 and $1,200,000 from Merrill Lynch, attesting each was his principal residence while listing Trump Tower as his address.
- For months, the Trump administration has pressed mortgage-fraud claims while President Donald Trump bought two Woodbridge Road, Palm Beach homes amid early-1990s financial troubles.
- Records show the mortgages included occupancy clauses requiring Trump to reside within 60 days and for at least 365 days, while Shirley Wyner said the homes were rentals from the start and Merrill Lynch was lender.
- Practically, legal exposure appears limited given the statute of limitations, as loans were paid off and mid-1990s transactions fall outside it, though ProPublica shows President Donald Trump engaged in similar conduct labeled mortgage fraud.
- The report echoes cases against Letitia James and Lisa Cook; Bill Pulte said such cases could face criminal referrals, Kathleen Engel urged Trump to act, while the White House defended him.
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Busted: Trump’s own mortgages match his description of mortgage fraud
For months, the Trump administration has been accusing its political enemies of mortgage fraud for claiming more than one primary residence.President Donald Trump branded one foe who did so “deceitful and potentially criminal.” He called another “CROOKED” on Truth Social and pushed the attorney general to take action.But years earlier, Trump did the very thing he’s accusing his enemies of, records show.In 1993, Trump signed a mortgage for a “Ber…
·Washington, United States
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Total News Sources22
Leaning Left13Leaning Right0Center3Last UpdatedBias Distribution81% Left
Bias Distribution
- 81% of the sources lean Left
81% Left
L 81%
C 19%
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