Trump Admin Refers NY AG Letitia James to DOJ Over Alleged Mortgage Fraud
“Based on media reports, Ms. Letitia James has, in multiple instances falsified bank documents and property records to acquire government backed assistance and loans and more favorable loan terms.”
The Federal Housing Finance Agency (FHFA) referred New York Attorney General Letitia James to the Department of Justice for alleged mortgage fraud.
“Based on media reports, Ms. Letitia James has, in multiple instances falsified bank documents and property records to acquire government backed assistance and loans and more favorable loan terms,” wrote Bill Pulte, director of FHFA, to Attorney General Pam Bondi.
Pulte added: “This has potentially included 1) falsifying residence status for a Norfolk, Virginia-based home in order to secure a lower mortgage rate and 2) misrepresenting property descriptions to meet stringent requirements for government backed loans and government assistance.”
🚨 US Federal Housing Finance Agency Director @pulte has referred NY AG Letitia James to the DOJ for alleged mortgage fraud. pic.twitter.com/L9l96DBhOZ
— Trump War Room (@TrumpWarRoom) April 15, 2025
In mid-August 2023, James allegedly gave someone power of attorney to establish the Virginia property as her “principal residence.”
At the end of the month, James purchased the property through her attorney.
“In a Fannie Mae/Freddie Mac Form 3047 and in mortgage documents, she reaffirmed this would be her primary residence, despite being a statewide public office holder in the state of New York at that same time and primarily residing in New York,” explained Pulte.
Pulte reminded Bondi that “[P]rimary residence mortgages receive more favorable loan terms, including lower interest rates, than secondary residence mortgages” since those are considered as “significantly riskier.”
Pulte references an article White Collar Fraud published about the Virginia residence.
The second property in the letter is a five-family dwelling in Brooklyn, NY.
Pulte accused James of consistently misrepresenting the property as a four-family unit. Why is that? James received “a conforming loan through the Freddie Mae/Freddie Mac Form 3033,” which is only available for buildings with four or fewer units.
“Conforming loans, or Fannie Mae and Freddie Mac-backed mortgages, have favorable rates and terms to traditional private market mortgages for the explicit purpose of availability to lower and middle-income borrowers,” stated Pulte.
According to Pulte, any building with more than four units is considered a multifamily property, requiring “a larger down payment and high interest rate terms.”
Oh, you know what else happened on Monday? James, who is obsessed with Trump, announced her office would investigate if any “insider trading” occurred during the tariff ping-pong game last week.
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Projection, thy name is democrat.
I’m thinking we need a new department for clearing hypocrisy. The sole function is to investigate and clear prosecutors of any charges they intend to apply to others. If cleared, they can then submit their charges.
While it wasn’t who I expected the first prosecution to be, I’ll take it. I’d love to see her answer the question of “Did you commit mortgage fraud in Virginia, or did you commit public officer fraud in New York by moving out of the state?”
Alvin Bragg must be a little anxious at this point.
Zimbabwe is really pretty this time of year.
Also, he’d fit in better than Kazakhstan or Laos.
Something tells me Trump’s legal team may have sent James the link to this oldie but goodie by the Eurythmics and Annie Lennox
https://youtu.be/_AmkmqYEarw?feature=shared
This is also hanging over Adam Schiff. He also bought a second home (D.C. area) and claimed it to be his “principle residence.” So either he shouldn’t be in office for not residing in CA (and breaking election laws for claiming eligibility for office in CA?) or he committed mortgage fraud.
James gets to play by the left’s new rules. Enjoy.
Too late for a Biden pardon?
I am sure someone is trying to backdate an autopen somewhere 😉
I’m sure that in the interests of justice and equity, we can all agree that Letitia should be charged for a separate felony for each payment towards any of the mortgaged properties that she fraudulentely entered into her account books.
Plus, maybe we should count the pages of all the real estate forms she executed to acquire those properties fraudulently, and add a separate felony count for each of those as well.
Because fraud must be punished — even if it has no victims!
In this case there are victims surely, nothing has been repaid, nobody made whole. So her case is much more serious than the pretextual one brought against Trump, and as a senior public official her punishment should be commensurately worse that what Trump could have faced, in the interest of fairness.
If it was good enough to jail Enron’s Ken Lay, it’s good enough for Letitia James. Glad she’s committed to the proposition that no one is above the law!
It’s a referral.
Wake me up when Bondi actually does ANYTHING about it.
Bingo.
The DOJ is still sitting on the AOC referral
Reports in the NY Post say the investigation was opened following a call from an anonymous whistleblower, who laid out all the allegations pretty thoroughly, and promised it would be yuge.
No doubt this will be pursued to the extent statute of limitations has not run. Karma.
Probably be a good idea to take a closer look at State legislators, State Constitutional officers, Congress, Federal and State Judges and former officeholders. Start with current officeholders and work backwards to ’00.
Look at mortgages, SBA loans, Covid $, other Federal or State programs, tax payments, compliance with zoning, stock trading, service on boards of companies and NGOs. Pay attention to low hanging fruit like inconsistent claims of ‘residence’. I suspect there would be lots of interesting smoke and more than few ongoing fires.
Unless they can figure out a way to indict and TRY her someplace other than the northern or southern districts of New York, there is ZERO chance she’ll be convicted. This is the same dynamic a GOP DoJ would face if they ever indict a member of ‘The Resistance’ in DC. When 90%+ of the potential jury pool vote reliably blue, conviction in these cases are impossible.
The process alone can be the punishment
The fraud occurred in Virginia, and the venue would draw from the Newport News region, not the DC suburbs. Charges are filed where the crime occurred, not where the offender lived.
The fraud involves properties in both Virginia and New York (Brooklyn). She would battle to have the case litigated in NY and he Feds would presumably like to work it out of NoVA.
NOVA is heavily Democrat. At least until DOGE gets done.
Newport News is at a very safe remove from that pit of scum and villainy,
NN is not NOVA….not even close. It is Democrat controlled but definitely closer to even than most of NOVA.
But she would have to use her own funds to defend herself NOT New York State funds.
How about Staten Island or Upstate NY as a.comprise? If not then, heck it is a Federal case so just move it to… oh IDK…West TX. They’ve got a a Federal CT with a Federal Judge who can call in 12 TX Citizens ‘good and true’ to hear the case.
Wouldn’t it be in Virginia since that is where the “residence” is?
She got federally backed loans for these properties. Therefore the feds have jurisdiction as well.
But prosecuting in DC is a lower from the word go.
…loser…
¡ꓠꓳꓕꓕꓵꓭ ꓕꓲꓷꓱ
The venue should lie in Virginia, and likely away from the D.C. suburbs.
They could try her in Plattsburgh, the are that elected Elise Stefanek. Seems like a neutral jurisdiction to me.
Trump lied . . . I am still not tired of WINNING
They need to investigate whether or not she inflated the value of these properties for insurance purposes.
Bye Letitia!
How’s that lawfare strategy working out for dems nowadays?
Once again, when a communist accuses something, they are already guilty of it.
find out her actual academic scores by subtracting out her “race privileged” grade
Is the mortgage fraud in Virginia only a federal matter or can our Republican Virginia AG also charge her?
A cursory look at all of the linked articles revealed nothing about the possible criminal consequences for such blatant fraud.
This ledes me to believe James will merely receive the predictable wrist slap, be forced to resign, and fail upwards into a lucrative MSN gig, or CEO at some taxpayer funded NGO.
Still *clown world*
So far this is just allegations based on news industry reports. Let’s see what an official DOJ investigation turns up.
On its face it looks like a pretty simple documents case. Did the checked boxes match the actual situation at the moment of the signing. Did she create a situation where she gained favorable treatment by completing documents in that manner. Based upon her representation of the Trump documents case if your name is on the document you are responsible for what the document says whether you read it or not,. Hiding behind the power of attorney is not a defense.
Has James denied the llegations or made a statement of any kind yet? If the investigation discovers or turns up anything that could bring charges against her, “Polp, plop, fizz, fizz…Oh, what a relief it is!”
https://www.tiktok.com/@alkaseltzer_usa/video/7127386698798877958?is_from_webapp=1&sender_device=pc
That’s actually pretty good but why did this guy do it?
Sometimes you just have to propitiate your earworm…
But I think the real clue here is in the URL, which suggests this is AlkaSeltzer’s own corporate channel.
Since documents in the Norfolk case have already surfaced clearly showing her signing and attesting to all the allegations and the mortgage apps for NY are federal the case looks pretty cut and dried. There isn’t much room for her to try and move out of this one.
The DOJ should use its Marilyn Mosby file as a format to rush through a trial in the most favorable jurisdiction for conviction!
James is yet another angry black woman. Also fat. Possible lesbian, although there is nothing wrong with that, based on the lack of information about her private life. Anyone else see the common pattern here?
By the way, as far as I’m concerned Soros bootlicker Alvin Bragg is another angry fat black lesbian. Also an antisemite who would be right at home at either Columbia or the Kennedy School of Government. I’m sure it’s only a matter of time before they nail him as well.
Back to Lettuce. She is so complete obsessed with Trump to the point she based her election campaign on getting him. She’s also twisted the law if not outright broke it to achieve that. I’m sure our resident nonlawyer might comment on that. However, I think it is completely despicable and that she should be disbarred. Then again it is ny.
Lettice is so obsessed with Trump that one might think she is actually ranting on this site periodically. She couldn’t be, could she? JR call your office.
By the way to my stalker (JR). I welcome all your down ticks. It tells me I’m right over target.
She’s not a psychopath because she’s a black lesbian.
She’s a psychopath because she’s a Democrat… and she’s a Democrat because she’s a black lesbian.
“91% of Black women vote[d] for Democratic presidential nominee Joe Biden according to NBC News exit poll results…” (CNBC)
If the Democrat Party didn’t exist, who knows — maybe she would have transferred all that passion to building her cats a summer home.
Well-resoned!
If I’m a NY criminal defense attorney, I’m going to claim she had vacated her office and thus unable to prosecute, so a lot of criminal convictions need to be overturned.
Plus there was the case of a certain prominent NY real estate developer where she personally sat in on the trial. I’d petition to have that civil conviction thrown out as well.
It will be interesting. Any case she oversaw from the time she signed on the dotted line attesting the VA residence as her permanent address will be thrown out, how could they not as she was not legally able to hold the AG office if not a NY resident. Either that or she lied on a loan application. If she has a third option I can’t wait to hear it.
I believe the law is pelucidly clear. If you’re a NY officer and you claim a primary residence outside of NY, your office is immediately vacated, do not pass go.
If this is so, anything done during Trump’s prosecution that relied upon her authority as AG should be void. Team Trump should walk into a court with the documents showing she vacated her office and ask to have all processes that involved James nullified.
Where in the NY constitution did you find this? Article 5 section 1 says (by reference to Article 4 section 2) that the AG must be a resident in order to be elected, but I didn’t find anything about a residency requirement after the election, let alone a provision that any office should be automatically vacant the moment the incumbent moves out of the state.
Like the Chuck Norris joke: Chuck Norris was bitten by a king cobra. After 5 days in agonizing pain the cobra died”
Trump convicted of numerous felonies. End result the prosecuting attorney (hopefully) goes to jail.
If Tish does get sent away, I’m looking forward to hearing some pretty world-class Trump v. Chuck Norris jokes.
I hear that Chuck Norris wears Donald Trump pajamas.
I read a whole lot about this elsewhere along with photo’s of the documents showing her clearly claiming the Virginia residence was her primary when she was AG in NY and that she was married to her father all to get lower mortgage rates. The evidence is clear that she claimed a 5 unit structure was only 4 units to fall into a program for lower rates although it’s not clear if two of those units had been merged into one to equal 4 but being NYC there will be a building permit easy to look up. Tish is in big heap doodoo.
I also read that since both cases involve Federal backed mortgages and go through them the Feds can consolidate both into one and move them to VA so no NYC homefield for Tish.
She plans to call Omar to testify for the defense about that father thing.
Oh look, a communist that’s guilty of the same thing that She’s accused others of. You never see that../ sarcasm
Hopefully Good old leather lips can’t put enough lipstick on this pig to make it squeal by.
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