Summary
A report by ProPublica claims that President Donald Trump committed "mortgage fraud" by declaring two different properties as his primary residence in 1993, which is a practice he has criticized in others. The report focuses on two mortgages Trump signed for homes in Florida and New York, and alleges that he may not have lived in either. The White House spokesperson has denied any wrongdoing, calling the report misleading.
Key Facts
- ProPublica claims President Trump called two different homes his primary residence in 1993.
- The report suggests this might fit Trump's own definition of "mortgage fraud."
- Mortgages for primary homes usually have lower interest rates than those for investment properties.
- The White House denies any wrongdoing, saying the same lender issued both mortgages.
- Critics argue the claim highlights a double standard regarding political adversaries.
- For taxes, people typically must choose one property as their primary residence.
- President Trump was previously convicted on different charges related to falsifying business records.
