Letitia James Faces Criminal Referral Amid Allegations of Mortgage Fraud
New allegations suggest New York AG Letitia James falsified documents to secure loans. Trump administration pressures authorities to pursue charges against her.
The Trump Administration Starts Targeting Democrats for Prosecution
New York Magazine
New York AG Letitia James targeted by criminal referral over alleged fraud
Straight Arrow News
Subscribe to unlock this story
We really don't like cutting you off, but you've reached your monthly limit. At just $5/month, subscriptions are how we keep this project going. Start your free 7-day trial today!
Get StartedHave an account? Sign in
Overview
The Federal Housing Finance Agency has referred New York AG Letitia James to the Department of Justice for alleged mortgage fraud. FHFA Director William Pulte claims she falsified her residence status for a Norfolk home to acquire government-backed loans. James, embroiled in ongoing litigation against Trump, refutes the charges as politically motivated, stating she will not be intimidated. This development occurs as former President Trump amplifies the accusations. Legal experts note the severity of a criminal referral, though it does not compel action from the DOJ, which operates under the president."
Report issue
Read both sides in 5 minutes each day
Analysis
Analysis unavailable for this viewpoint.
Articles (11)
FAQ
Allegations include falsifying her residence status for a Norfolk, Virginia home to get a better mortgage rate and misrepresenting the number of units in a Brooklyn property to qualify for more favorable loan terms.
James' office has described the allegations as politically motivated, stating she will not be intimidated by them.
The Department of Justice could potentially initiate a criminal investigation and consider charges such as wire fraud, mail fraud, or making false statements to a financial institution.
History
- 5M
4 articles
- 5M
3 articles