More likely alot of cash that found it's way to the OBama's in "undocumented" ways behind the scenes than anything else.
So what I'm curious to know is, where the property taxes escrowed with the mortgage payment (answer: they apparently weren't reading this story) and then who walked into the Cook County Assessor's office and paid them FOR OBAMA? Was it a cash transaction in paying the taxes, or is there a receipt with someone's name on it somewhere?
Answer that question, and there's your smoking gun (coming from someone who knows how the mortgage industry works from the inside....)
Sorry to disappoint everyone, but the article above has at least one lame assertion. Trying to back into the loan interest rate from the amount deducted for tax purposes is ridiculous, since the loan was for 1.3mm and interest is only deductible on a mortgage balance UP TO ONE MILLION. There is no issue here.