The bank was willing to accept client-provided information at practically face value. Again, I was never involved in such transactions. However, the bank’s boilerplate documentation that I was familiar with included the borrower’s representations and warranties. If Trump encountered such a speed bump I gather it might be problematic for him.
Click on the links I posted earlier. Trump gave false information on his properties to the municipalities. That’s actively engaging in fraud.
I believe every valuation documentation that Trump provide had a BOLD disclaimer for the user to complete their own due diligence and not rely on the information provided.