Re:Venezuela's capital hit by explosions, smoke seen
by terminalshort on Saturday January 03, 2026 @07:41PM
(#46483506)
The point is that in both cases it was a lie on a loan document, which is fraud. Donald Trump's loan was not a simple residential mortgage so the same underwriting process does not apply.
Saying the property is worth more or less than it is… I don't know how this would even happen. The countries in which I've looked at mortgages, the banks don't give an option for a self-assessment. Is the US not like that? Or is it specifically a thing for getting a loan secured on a property that you already own rather than a new purchase?