Allegations of Mortgage Fraud Emerge Against NY Attorney General Letitia James

In a surprising turn of events, New York Attorney General Letitia James, known for her famous assertion that “no one is above the law”—especially during her crusade against Donald Trump—finds herself at the center of a federal criminal referral regarding alleged mortgage fraud. A communication acquired by The Post indicates that the referral was issued this Tuesday.

Federal Housing Finance Agency (FHFA) Director William Pulte addressed the letter to Attorney General Pam Bondi and Deputy AG Todd Blanche. The letter details accusations of James “falsifying records” in order to secure home loans for a Virginia property she identified as her “principal residence” in 2023, while continuing her role as a New York state prosecutor.

This alleged activity happened in late August 2023, merely weeks before James launched her civil fraud case against the Trump Organization. This case, concerning the inflation of property values by the organization, resulted in a hefty $454 million judgment against Trump.

The letter underlines that, as Attorney General, James is legally obligated to reside in New York State. However, her mortgage applications stated that she intended the Norfolk, VA, property to be her primary home. It further implies that James may have distorted property and mortgage details to acquire a mortgage with more favorable terms, like a lower interest rate, for her recent Virginia purchase.

Moreover, the letter highlights James’s acquisition of a Brooklyn property in February 2001, classified as a five-family dwelling. Yet, there are claims she has “consistently misrepresented” this property as having only four units in various building permits and mortgage documents over time.