I know I have said this before, but I have to say it again. Bill Pulte, head of the Federal Housing Finance Agency, and DJT himself, have accused Fed governor Lisa Cook, California Senator Adam Schiff and Manhattan District Attorney Letitia James of fraudulently claiming two residences as their primary residences. This would presumably constitute mortgage fraud, a criminal offense. All three claims are unproven and, as of today, no charges have been brought, although Cook has, maybe, been fired from her position “for cause”.
Pulte has stated that fraud is fraud, a crime is a crime, and if you signed two applications claiming two primary residences, you clearly don’t need to know more.
CNN, among other news outlets, has pointed out that the same charges could be brought against two Trump cabinet members, as well as the head of the EPA. To my knowledge, neither Pulte nor Trump have commented on them.
But last night, I saw a Reuters “exclusive” saying that another evidence of two-resident mortgage fraud had been uncovered, perpetrated by a couple who bought primary residences in both Michigan and Florida. The couple? Bill Pulte’s parents!
It doesn’t get much better than this.
Now you may know “Pulte” as a name connected to a very large housing development company. So you may think him eminently qualified for his position, right? Well, think again, this is the Trump administration. The original Bill Pulte was this guy’s grandfather. (My grandfather was a pediatrician. Want me to treat your kids?) Our Bill Pulte has never been in the housing business. He graduated from college and at a tender age, he started an investment operation, about which I know nothing. And today, he is only 37 years old.
By the way, this presumably unqualified Trump toady, who has just condemned his own parents, is also head of FannieMae and FreddieMac, the result of a Trump consolidation and of Trump’s habit of giving at least 3 full time jobs to every appointee.
And, if you look up Pulte Capital Partners, Bill Pulte is still listed as managing director.
So what will happen to Pulte’s parents? Probably nothing, but maybe their son has learned a lesson.
Maybe not.
Bill Pulte’s father, by the way, is what is called a luxury home builder. He doesn’t build the Pulte subdivisions you see all over. He builds fancy houses in places like Palm Beach, where he has sold them for as much as $122,000,000. What does he do with his money? A fair amount goes to the Republican Party. This undoubtedly helps his (somewhat hapless?) son get three jobs from DJT. He is also very active in the Pulte Family Charitable Foundation. I looked around its website quickly. Seems okay. Its specialty? Looks to be DEI.
Go figure….