Transcript
Podcast Announcer (0:00)
This is an iHeart podcast.
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The US electric grid is approaching a breaking point. As demand soars from data centers and home energy use, our aging infrastructure can't keep up. And the Department of Energy warns that without action, blackouts could surge 100 fold by 2030. The good news? One solution is already here. Propane. It's American made, stored on site and always ready, powering homes and businesses with cleaner, reliable energy that that doesn't depend on the grid or the weather. Learn more@probane.com When I told people I.
Leon Neyfak (0:35)
Was making a podcast about Benghazi, nine times out of ten they called me a masochist, rolled their eyes, or just asked why Benghazi?
Ted Cruz (0:46)
The truth became a web of lies.
Leon Neyfak (0:48)
From prologue projects and Pushkin Industries. This is Fiasco Benghazi.
Jason Miyares (0:54)
What difference at this point does it make?
Leon Neyfak (0:57)
Listen to Fiasco Benghazi on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
Clay Travis (1:04)
I'm Ben Ferguson.
Ted Cruz (1:05)
And I'm Ted Cruz. Three times a week we do our podcast Verdict with Ted Cruz.
Clay Travis (1:10)
Nationwide, we have millions of listeners.
Ted Cruz (1:12)
Every Monday, Wednesday and Friday, we break down the news and bring you behind the scenes inside the White House, inside the Senate, inside the United States Supreme Court.
Clay Travis (1:21)
And we cover the stories that you're not getting anywhere else.
Ted Cruz (1:24)
We arm you with the facts to be able to know and advocate for the truth with your friends and family.
Clay Travis (1:30)
So download Verdict with Ted Cruz now, wherever you get your podcasts. Welcome back in Clay Travis Buck SEXTON show we are tracking down all of the big stories out there. At the bottom of the hour, Jason Mearez, who is the attorney general of the state of Virginia running for reelection about three weeks against a guy who frankly has done some, said some pretty awful things. We will get into all of that with him. And then in the third hour, we're going to be joined by our friend Jack Carr, who is one of the most successful fiction writers in America right now. And he's got a brand new book out. We will discuss that with him. But I was reading this book and I want to make sure that I get this and I probably am mispronouncing this guy's name, but his name is Eric Pacific. And again, I apologize if I mispronounce that. He is a attorney and he has a good thread that I was reading during the most recent commercial break. And I just want to hit this because it goes directly to what we were talking about with Letitia James. And he says, not trying to make a political point here, I Spent years as a mortgage banker at Quicken Loans. Now Rocket Mortgage, the number one mortgage lender in the country before I ever went to law school. Here's the deal. How you classify a property as a primary, secondary or investment home changes everything about the loan. The down payment, the interest rate, the underwriting, all of it. Primary or secondary homes can get by with as little, he says, as 3 to 10% down. Investment properties usually require 25% or more. So if you're a brand new real estate investor with limited cash, there's a big incentive to call something a, quote, second home instead of an investment property. But that's why lenders make you sign a second home rider and a separate document where you specifically promise you'll use it as a second residence, not rent it out. You also assert like nine times in the application process it will be owner occupied. Could this kind of thing ever be an honest mistake? I doubt it. The facts, at least as reported, look pretty bad. You buy a house, say it's a second home, immediately rent it out, tell your insurer it's owner occupied, and, and then report rental income on your taxes. That's not a misunderstanding, that's a pattern. Um, and it just continues. Again, the wild part is she's a lawyer. She's the Attorney General of New York. She's prosecuted the former president for similar financial representations. You'd think someone with that background would fully understand what those documents say and what it means to misstate intent on a loan. And it's going to be a tough case for her to defend unless she's able to present additional information. In the meantime, lots of financial and life lessons in the story for all of us. I just thought that was interesting. That's someone who deals all the time, as I'm sure many of you out there have in the mortgage industry. Again, reiterating what we have said, which is this is not something that would have been likely to have occurred as an error, particularly not someone who is the chief law enforcement officer of the state of New York. Okay, so that a little bit of a bow on that discussion for all of you. Now, last night in Virginia, Buck, I was watching this early this morning when I got up. I know you were watching. I saw some of it last night. I want to play a couple of these cuts, and some of them are a bit long, but I think it's important for you guys to hear exactly how long these answers are because it's, it speaks to an unwillingness to answer direct questions. And I actually give credit to the Debate moderators who were asking questions and then doing something crazy when they're not answered. Following up. Hey, this is kind of a yes or no question. So let's play this one. It's a bit long. This is Abigail Spanberger.
