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 may seem a minor discrepancy, but misrepresenting the unit count enabled her to secure more favorable loans, including a 2011 Home Affordable Modification Program (HAMP) loan that saved her tens of thousands of dollars annually.
The Certificate of Occupancy clearly states it is a 5-unit family dwelling.
Bill Pulte, the Director of the FHFA, also said Letitia James falsely claimed her Virginia property as ‘ owner-occupied’ 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:
BREAKING: A criminal referral has been sent to the Department of Justice, accusing New York AG Letitia James of mortgage fraud.
How the tables have turned…
Fox News is now reporting that the Federal Housing Finance Agency has sent a criminal referral to Attorney General Pam… pic.twitter.com/7KHpkoOGpk
— Collin Rugg (@CollinRugg) April 15, 2025
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.
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