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Trump Signed Mortgages on Properties He Never Lived In

2025-12-09 News & Politics
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The Bulwark
The Bulwark
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Trump's Personal Mortgages Mirror Alleged Fraud Standards Used Against Enemies

ProPublica's Justin Elliott reveals how Donald Trump secured two mortgages based on "principal residence" claims at the same time he and his allies target political opponents for similar actions.

Short Summary

  • Analyze the specific covenant in standard mortgages requiring properties to be declared a principal residence for one year.
  • Detail how Trump secured two such mortgages seven weeks apart in 1993–1994 on properties next to Mar-a-Lago.
  • Contrast the strict standards used by FHFA head Bill Py against Democrats with the evidence suggesting Trump never lived in those rental properties. The discussion centers on investigative reporting revealing potential hypocrisy regarding mortgage fraud allegations. Justin Elliott explains the technical definition of the commitment made in standard mortgage instruments and contrasts it with the public campaign led by FHFA head Bill Py against political enemies using similar filings as grounds for criminal investigation.

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Description

ProPublica’s Justin Elliott talks with Tim Miller about a fresh set of Trump-connected mortgage records that deserve a closer look. Justin’s story: https://www.propublica.org/article/trump-mortgage-fraud-florida-principal-residences Exclusive $35 off Carver Mat at https://on.auraframes.com/BULWARKTAKES. Promo Code BULWARKTAKES Become a Bulwark Youtube Plus Member here - https://www.youtube.com/channel/UCG4Hp1KbGw4e02N7FpPXDgQ/join

Top Comments (10)

@rikihorton5979 2025-12-09

Because he’s ALWAYS projecting! EVERY ACCUSATION IS A CONFESSION!

402 18 replies
@susangray6051 2025-12-09

Pro Publico does some of the best investigative reporting in the industry

239 3 replies
@Phi1618033 2025-12-09

Every accusation is a confession.

202 2 replies
@jman33422 2025-12-09

Trump: Rules are for thee, not for me!

159 3 replies
@AtyPical1313 2025-12-09

I am so sick of the stupidity in the current administration. Just when I think that they can't be more dumber, BAM they reach new levels of stupidity and cruelty. How even 10% of Americans support this shtshow astounds me.

132 3 replies
@maridambrosio523 2025-12-09

Corruption, Crimes, Chaos Daily. Anyone else totally drained from this? Lock him up NOW

110 5 replies
@IndigoCrow0 2025-12-09

We are playing by rules they have long since abandoned.

100 1 replies
@smdpc 2025-12-09

It figures. Projection, distraction, hypocricy.

87
@Wwyllow 2025-12-09

I think if Trump points fingers and accuses anyone else, we can assume it is a crime he is guilty of.

76 2 replies
@norman_james455 2025-12-09

Trump's really taken "Every accusation is a confession" to an unbelievable extreme. I guess I shouldn't be surprised. Look at how often he calls people stupid, obnoxious, fat, ugly, etc.

40

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