Federal Reserve Governor Cook declares Atlanta property as a vacation home

Federal Reserve Board Governor Lael Brainard purchased a property in Atlanta, and the loan estimate document shows that she reported the property as a "vacation home." The document, dated May 28, 2021, was issued by the credit union Brainard used a few weeks before she completed the purchase. The document shows that Brainard informed the bank that the Atlanta property would not be her primary residence.