New York Attorney General Letitia James declined to answer questions Wednesday morning regarding the mounting allegations of mortgage fraud, following a formal criminal referral issued by Federal Housing Finance Agency (FHFA) Director Bill Pulte to the Department of Justice.
This development stems from multiple exclusive investigations first published by The Gateway Pundit, which allege that James knowingly falsified mortgage documents and misrepresented the number of units in a Brooklyn property to obtain more favorable loan terms, including eligibility for federally backed conforming loans through Fannie Mae and Freddie Mac. These loans are restricted to properties with four units or fewer, yet public records show James’s building had five.
Additionally, James is accused of fraudulently declaring a Virginia property as her “principal residence” in 2023—a requirement for securing primary residence loan rates—despite holding elected office in New York, where she is legally required to reside.
During her Wednesday appearance, James appeared to avoid reporters and pretended to be on a phone call as she left her office, offering no comment on the FHFA’s criminal referral or the growing media scrutiny.
Critics argue the allegations against James could amount to a pattern of deception spanning decades, calling into question her ethical fitness to serve as New York’s top law enforcement officer—especially given her lead role in prosecuting civil fraud charges against Donald Trump.
This marks a stunning reversal for James, who has spent years positioning herself as a watchdog against political corruption but now faces serious legal peril herself.
