New Evidence Exposes NY AG Letitia James In Alleged Mortgage Fraud: America First Legal Files Complaint with Committee on Professional Standards – “Ms. James should resign her office immediately”

• 18 U.S.C. § 1343 (Wire Fraud)
• 18 U.S.C. § 1341 (Mail Fraud)
• 18 U.S.C. § 1344 (Bank Fraud)
• 18 U.S.C. § 1014 (False Statements to a Financial Institution)

Two Properties, Two Disturbing Patterns

The FHFA referral lays out two primary incidents of alleged fraud:

1. Norfolk, Virginia Residence

In August 2023, James, through her agent, purchased a home in Norfolk, VA, affirming on mortgage documents that it would be her “primary residence.” However, James was at the time a sitting New York State official, legally required to reside primarily in New York. Adding to the evidence, building permits filed in New York in July 2024 listed her New York property as “James Residence” and “Remain Occupied,” casting serious doubt on her claim to make Virginia her primary home.

Primary residence mortgages are known to offer lower interest rates than second-home loans because they are deemed less risky by lenders. Misrepresenting primary residence status, as alleged here, would allow a borrower to improperly secure preferential rates.