"Mortgages signed by the Paxtons contained inaccurate statements declaring that each of those three houses was their primary residence, enabling the now-estranged couple to improperly lock in low interest rates, according to an Associated Press review of public records. The lower rates will save the Paxtons tens of thousands of dollars in payments over the life of the loan, legal experts say. The records also revealed that the Paxtons routinely flouted lending agreements on some of their other properties."
"You signed one document attesting that a property in Michigan would be your primary residence for the next year. Two weeks later, you signed another document for a property in Georgia stating that it would be your primary residence for the next year. It is inconceivable that you were not aware of your first commitment when making the second. It is impossible that you intended to honor both,"
Mortgage documents show Ken Paxton signed inaccurate statements declaring each of three houses as the Paxtons' primary residence, enabling improperly low interest rates. Those lower rates are expected to save tens of thousands of dollars over loan lifetimes. Additional records indicate the Paxtons flouted lending agreements on other properties. Paxton is running a primary challenge against Senator John Cornyn. President Donald Trump removed Federal Reserve Governor Lisa Cook over allegations of signing conflicting primary-residence documents; Cook has filed a lawsuit challenging her dismissal. Commentators highlighted differences in public reaction to the two cases.
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