Context:

Texas Attorney General Ken Paxton and his estranged wife Angela are embroiled in controversy for declaring three separate homes as their primary residence in mortgage documents, potentially securing favorable loan terms and saving significant money. This issue surfaced shortly after Angela filed for divorce, accusing Paxton of adultery, and as he announced plans to challenge Senator John Cornyn in a challenging Republican primary. The properties in question include a $1 million home in McKinney and two Austin homes, which are suspected to be rental properties, raising questions about the legality of their financial maneuvers. Despite previous legal challenges, including an indictment for securities fraud and impeachment over corruption allegations, Paxton has maintained his position as attorney general. The situation has drawn criticism from Senator Cornyn's campaign, which labeled Paxton's actions as unethical, particularly in light of the current economic conditions affecting many Americans with high mortgage rates.

Dive Deeper:

• Ken Paxton and his wife Angela reportedly claimed multiple Texas homes as their primary residence, a move that may have allowed them to obtain more favorable mortgage rates, potentially saving hundreds of thousands of dollars.

• This revelation comes amid Angela Paxton's recent divorce filing and Ken Paxton’s announcement to run against Senator John Cornyn in the upcoming Republican primary, adding personal and political complexities to the situation.

• The properties involved include their main residence in McKinney and two Austin homes, which are suspected of being rental properties, despite being listed as primary residences on mortgage documents.

• Paxton has faced significant legal challenges in the past, including a securities fraud indictment and impeachment proceedings, yet he has managed to retain his position as Texas Attorney General.

• Senator John Cornyn’s campaign has criticized Paxton's real estate dealings as unethical, especially during a time when many Americans are struggling with high mortgage rates, framing the issue as a test of character in the political arena.

• Public records show the Paxtons have received homestead tax exemptions on multiple properties, raising further questions about the legality of their claims and financial practices.

• In addition to the Texas properties, Paxton bought a house in Oklahoma, which he claimed would be a second home but has been listed for rent, potentially violating mortgage agreements.