New York Attorney General Letitia James is facing a federal criminal referral over alleged mortgage fraud.
FHFA Director William Pulte accused James of misrepresenting a Virginia property as her primary residence in 2023 to secure favorable loan terms, despite legally needing to reside in New York.
He also alleged James falsely claimed a five-unit Brooklyn property had only four units, possibly to qualify for reduced mortgage rates. Additionally, documents from 1983 and 2000 reportedly list her and her father as “husband and wife” on mortgage forms.
The claims may amount to wire fraud, bank fraud, and making false statements. James’ office dismissed the allegations as politically motivated. Critics noted the irony, given James’ own legal actions against Trump for similar alleged misrepresentations to financial institutions.
