Trump housing regulator Pulte says Fed's Cook should resign or be fired over mortgage fraud claims

Allegations and Implications - A Fed governor is allegedly committing mortgage fraud, specifically occupancy fraud [2] - The Fed has extensively documented the economic harm of mortgage fraud, making the governor's alleged actions a significant issue [2] - The situation is unlikely to resolve quietly, potentially leading to the governor's resignation or termination [2] Legal and Ethical Obligations - The organization refers people criminally for mortgage fraud daily, emphasizing that no one is above the law [1] - There is an obligation to act upon receiving a tip regarding potential mortgage fraud, regardless of the individual's position [1]