Legal AF by MeidasTouch Trump WH Panics as Trump Accidentally Screws Them
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Sep 17, 2025 A deep dive into the mortgage allegations swirling around Trump administration officials reveals a surprising pattern. Scott Bessent publicly attacks Fed Governor Lisa Cook for mortgage fraud, yet it turns out he has a similar mortgage history. The podcast dissects the checkbox practices used by lenders, arguing they reflect underwriting tactics rather than fraud. Additionally, Popok sheds light on the concerning trend of eliminating Black officials from power, while also urging critics to rethink their approach.
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Multiple Officials Share The Same Mortgage Issue
- Michael Popok argues multiple Trump cabinet members used the same mortgage checkbox practice as Lisa Cook, undermining claims of unique fraud.
- He suggests the issue is common and driven by lenders/underwriters rather than borrower intent.
Bessent's 2007 $21M Mortgage Example
- Michael Popok recounts Scott Bessent taking two loans totaling $21 million in 2007 and checking primary-residence boxes.
- He uses this example to claim Bessent mirrored Lisa Cook's mortgage disclosures and then attacked her publicly.
Banks And Underwriters Drive Checkbox Outcomes
- Popok reasons that lenders and underwriting practices often drive checkbox choices to secure lower rates, not borrower fraud.
- He frames these bank-side practices as the likely root cause rather than deliberate borrower deception.