Federal Agency Refers NY AG Letitia James For Prosecution for Fraud

Letitia James falsified records to meet lending requirements going so far as to claim on her application that she was married to her father.

Mortgage fraud is a crime and Letitia James is facing 30 years in prison and up to a million dollars in fines

“No one is above the law. Even when you think the rules don’t apply to you.” – Letitia James

GW Law Prof Jonathan Turley on shocking Letitia James allegations: ‘The irony is crushing. James prosecuted Trump for misleading financial statements, yet now faces similar questions about residency claims and loan applications. DOJ has prosecuted others for falsely claiming properties as principal residences. Rules apparently don’t apply to those enforcing them.’”

Bombshell criminal referral on NY AG and Trump prosecutor Letitia James from Federal Housing Authority. Document contains serious claims of mortgage fraud and includes several pages of documentary evidence.

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

BREAKING: New documents accuse NY Attorney General Letitia James of mortgage fraud—claiming she tried to declare a Virginia property as her “principal residence” while serving in New York. pic.twitter.com/RY0pYV3xZB

— Benny Johnson (@bennyjohnson) April 15, 2025

#BREAKING: NY Attorney General Letitia James is facing potential federal MORTGAGE FRAUD charges after a criminal referral by the Federal Housing Finance Administration

Karma’s a BlTCH, Tish!

“James appears to have falsified records to meet certain lending requirements and… pic.twitter.com/MtaupIHNHd

— Nick Sortor (@nicksortor) April 15, 2025

Federal agency refers New York AG Letitia James to DOJ for prosecution for alleged mortgage fraud

Referral comes from U.S. Federal Housing Finance Agency, complete with supporting evidence.

By John Solomon, Just The News, April 15, 2025 8:09pm

The federal government’s main housing loan agency has referred New York Attorney General Letitia James, a longtime nemesis of President Donald Trump, to the U.S. Justice Department for possible prosecution over alleged mortgage fraud, according to a letter obtained by Just the News.

William J. Pulte, the director of the U.S. Federal Housing Finance Agency (FHFA), made the referral Monday to Attorney General Pam Bondi and her deputy Todd Blanche, and attached evidence he said corroborated earlier media reports alleging irregularities in a series of loans James obtained, including for a property in Virginia.

“In the course of exercising U.S. Federal Housing’s authority under the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, U.S. Federal Housing has identified matters that are appropriate for referral to the U.S. Department of Justice for consideration of criminal prosecution,” Pulte wrote.

“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 letter 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.”

You can read the letter here. Just The News has not included the attached exhibits because they appear to contain personal financial data.

The referral cites two transactions believed to be potentially fraudulent.

In the first, James purchased a property in Norfolk, Va., two years ago and indicated it was her primary residence even though she was serving full-time in New York as the attorney general, Pulte alleged.

“On August 30 and 31, 2023, through her attorney, Ms. James purchased this property in Norfolk, VA. 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 the state of New York,” the letter stated.

In the second instance, James was accused of understating the number of housing units in a property she owned in Brooklyn in an apparent attempt to get it treated with a better mortgage interest rate, the letter alleged.

“It appears that Ms. James may have listed the Brooklyn, NY property as four units instead of five units in order to meet the conforming loan requirements, and thus receive better interest rates,” Pulte wrote. “Ms. James also appears to have used this same falsification in order to receive mortgage assistance through” a program known as Home Assistance Modification Program (HAMP).

“Ms. James, for both properties listed above, appears to have falsified records in order to meet certain lending requirements and receive favorable loan terms,” he added.