I’m by no means the first one to note this. But it’s so important that I want to make sure it’s at the top of your mind. Have you noticed that out of the blue all of Donald Trump’s enemies seem to be getting investigated for mortgage fraud? Letitia James, Adam Schiff and now Fed Board member Lisa Cook; and it’s the pretext for her purported firing by President Trump?
Well, it turns out there’s a reason. Bill Pulte is Trump’s Director of the Federal Housing Finance Agency, an agency created as part of the Global Financial Crisis reforms. From that post he finagled his way into being the head of Fannie Mae and Sallie Mae, the quasi public institutions which back a huge percentage of American home and student loans.