That’s missing the point, badly. The case brought against Trump claimed he knowingly falsifying mortgage applications, which is a felony. The tricky part, and the main reason this case is weak, is they have to prove intent to defraud the lender. Trump has his valuation and while the numbers might be outrageous, they cant prove he had intent to defraud. The fact that he paid off many of these loans proves otherwise.
Didn't Trump also have a “disclaimer clause” about his valuation?
It said something about the valuation may be wrong and that the bank should do its own due diligence.
Beyond that, aren't all valuations opinion, and that it was only the facts on the property, the building size, the lot size...etc, that are subject to fraud claims?
You can put any value you want on a loan application, the bank ultimately decides what they will lend you