Federal Reserve Governor Lisa Cook is under increasing scrutiny after a second criminal referral from FHFA Director Bill Pulte was filed with the Department of Justice. The latest complaint alleges she misrepresented details about a third property, raising questions about her mortgage filings and disclosures to the U.S. government. The allegations center on a condominium in Cambridge, Massachusetts that Cook secured as a mortgage in 2021. She later listed it as a rental on government ethics forms, reporting income between $15,000 and $50,000. Experts note this discrepancy: second-home mortgages typically carry lower down payments and interest rates compared to investment property loans.