Sanders’ Wife Under FBI Probe for Real Estate Deal – NMP Skip to main content

Sanders’ Wife Under FBI Probe for Real Estate Deal

Jun 27, 2017
The wife of the nation’s most prominent socialist legislator is the subject of a federal investigation regarding her role in the ultimate capitalist nightmare: A failed real estate deal

The wife of the nation’s most prominent socialist legislator is the subject of a federal investigation regarding her role in the ultimate capitalist nightmare: A failed real estate deal.
 
According to an Associated Press report, Jane O’Meara Sanders, the wife of Sen. Bernie Sanders (I-VT), is the subject of an FBI probe regarding her allegations that she made fraudulent claims and promises in while trying to raise $10 million for the financing of a real estate deal involving an undeveloped 32-acre parcel on the Lake Champlain waterfront in Vermont. At the time, Mrs. Sanders was president of Burlington College and, according to allegations, promised that the deal would be financed by an increase in college enrollments and enrollments. But the deal fell through when the alleged strategy failed to take shape; Mrs. Sanders left the college in 2011, and the school shut down five years later.
 
The complaint against Mrs. Sanders was filed in early 2016 by Brady Toensing, an attorney who served as the Vermont campaign chairman for Donald Trump’s presidential campaign; Toensing alleged that Sen. Sanders’ Capitol Hill office pressured a bank to approve the loan. Toensing stated that the investigation into the real estate deal began while President Obama was still in office and was not fueled by the Trump Administration.
 
Sen. Sanders ignored attempts by reporters to discuss the matter. “No, that’s not what I’m talking about today,” Sen. Sanders said yesterday when an Associated Press reporter attempted to ask him about the FBI’s investigation. When a Fox News reporter raised the topic, he stated, “I’m glad that you’re interested in the fact that the Republican leadership is proposing legislation which would throw millions of people off of health insurance and give hundreds of billions of dollars in tax breaks to the top one percent.”

 
About the author
Published
Jun 27, 2017
CHLA Uses Trump Mortgage Order To Renew Push For LO Comp Reform

Community lenders want more flexibility over employee compensation, closing-cost estimates, down payment assistance, and federal supervision of smaller IMBs

Servicers Begin Testing Systems Ahead of VA Partial Claim Deadline

VA lenders and servicers have until Nov. 28 to implement the new loss mitigation waterfall and Partial Claim Program

ROAD Act’s Housing Incentive May Be Too Small To Move Supply

Realtor.com finds the median city risks losing only about $84,000, although the policy could carry more weight in supply-starved Northeast and Midwest markets

CRA Proposal Could Reshape Bank Lending And Affordable Housing Investment

The OCC and FDIC would put more weight on lending while easing community development requirements for hundreds of banks

Fannie Mae AI Governance Deadline Arrives Aug. 6

Seller/servicers using artificial intelligence in origination or servicing must have formal policies, oversight, and vendor controls in place

Condo Review Deadline Puts Lenders On The Clock

Fannie Mae and Freddie Mac will eliminate abbreviated project reviews for condo applications dated on or after Aug. 3