Did Letitia James Commit Mortgage Fraud as She Charged Trump?

Karma may be happening in New York. Democrat New York Attorney General Letitia James campaigned on getting Donald Trump and later prosecuted a case against him for alleged mortgage fraud. Now James may be prosecuted for alleged mortgage fraud by Trump’s Department of Justice. Nick Pope and Myles Morell reported on the situation for the Daily Caller News Foundation as follows. 

The Daily Caller News Foundation visited two southern Virginia properties at the center of fraud and misconduct claims made against Democrat New York Attorney General Letitia James and found that James does not appear to be a resident of either home.

The Federal Housing Finance Agency referred James to the Department of Justice for a potential investigation of alleged mortgage fraud on Monday, referring to a White Collar Fraud report presenting evidence that James may have committed mortgage fraud with one property while filing inconsistent disclosure reports about loans on the other. The Daily Caller News Foundation visited both homes in question on Wednesday, discovering that both residences are apparently inhabited by multiple people, but apparently not James.

One of the properties is a modest two-story home located in a quiet residential Norfolk neighborhood. James is alleged to have characterized the home as her “principal residence” in paperwork filed August 2023 – possibly to secure more favorable loan terms – despite serving at the time as New York’s attorney general, a position that requires primary residence in New York state while it is held….

Notably, James submitted the August 2023 paperwork for this particular home just weeks before she began her trial against President Donald Trump, which concluded with Trump being ordered to pay hundreds of millions of dollars in fines as the 2024 presidential race took shape.

Beyond the two Norfolk properties, James is also alleged to have consistently misclassified a multifamily property she owns in Brooklyn, New York, as a four-family unit instead of a five-family unit, according to White Collar Fraud. The outlet suggested that the repeated misidentification could have enabled James to secure more favorable loan terms because relevant law defines any property that holds five or more families as a commercial property, a classification that is typically subject to more stringent loan terms.