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BREAKING: Trump Administration Criminally Refers NY AG Letitia James to Justice Department for Mortgage Fraud

April 16, 2025

The tables have turned!

The Trump Administration criminally referred New York Attorney General Letitia James to the Justice Department over accusations of mortgage fraud.

The Federal Housing Finance Agency (FHFA) accused Letitia James of falsifying records, citing a 5-unit property in New York she claimed was only four units in order to get a more favorable loan.

TGP recently reported on this 5-unit property in Brooklyn that Letitia James purchased in 2001.

For more than 20 years, Letitia James repeatedly claimed her Brooklyn apartment building was a four-unit property on mortgage applications—despite official records proving it had five.

This is not a minor discrepancy. Lying to the bank about the unit count enabled Letitia James to secure more favorable loans, including a 2011 Home Affordable Modification Program (HAMP) loan that saved her tens of thousands of dollars annually.

Letitia James was able to secure a conforming loan through Fannie Mae/Freddie Mac since they are only available on properties up to 4 units.

Letitia James mortgage / Source: Office of the City Register

The Certificate of Occupancy clearly states it is a 5-unit family dwelling.

Source: NYC Department of Buildings

Bill Pulte, the Director of the FHFA, also said Letitia James falsely claimed her Virginia property as a ‘primary residence’ even though she doesn’t live there.

“This is a person who prosecuted Trump for everything short of ripping a label off a mattress, and among the charges that were brought in New York, in just the civil but the criminal case, was making false or misleading statements to financial institutions,” Johnathan Turley said on Fox News. “As for James, if we apply the Letitia James standard that she created, there’d be little question here. This seems pretty straightforward.”

WATCH:

Fox News reported:

New York Attorney General Letitia James has been hit with shocking allegations by the Trump administration, accusing her of mortgage fraud.

In documents obtained by Fox News Channel’s The Ingraham Angle, the Federal Housing Finance Agency (FHFA) sent a criminal referral to the Department of Justice, accusing James of mortgage fraud.

FHFA Director William Pulte said in a letter to Attorney General Pam Bondi that James appears to have falsified records in order to meet certain lending requirements and receive favorable loan terms.

Pulte cited a property in Virginia that James allegedly claimed as her principal residence, and a property in New York that she claimed as a four-unit structure instead of five, which he said could mean she was able to get a different and more favorable loan.

The Gateway Pundit also reported that Letitia James may have either married her father or falsified loan documents back in 1983.

According to New York City Department of Finance records, on May 20, 1983, Letitia James and her father, Robert James, took out a real estate loan from Kadilac Funding Ltd. for $30,300 as “husband and wife.” Letitia James’ mother is Nellie James.

The post BREAKING: Trump Administration Criminally Refers NY AG Letitia James to Justice Department for Mortgage Fraud appeared first on The Gateway Pundit.