New York Attorney General Letitia James is finally responding after explosive allegations surfaced accusing her of mortgage fraud related to her Brooklyn property. But instead of addressing the facts, she’s lashing out at critics — including President Donald Trump — and portraying herself as the victim of a “right-wing revenge tour.”
On Tuesday night, the Trump Administration criminally referred New York State Attorney General Letitia James to the Department of Justice 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.
FHFA Director William Pulte said in a letter to Attorney General Pam Bondi that James appears to have falsified records to meet certain lending requirements and receive favorable loan terms.
In an interview Thursday night on NY1’s Inside City Hall, James was asked point-blank about a criminal referral alleging she misrepresented her home’s occupancy classification on mortgage documents — a potential felony offense that would land any other New Yorker behind bars.
Of course, James deflected questions about the mortgage issue, insisting she won’t “litigate this case in a camera.”
Instead, she pivoted to her office’s $454 million judgment against Trump for allegedly ‘inflating asset values’—a case currently under appeal.
Errol Louis:
What is going on here? Did anybody contact you before this letter went out, accusing you of this, that, and the other, and making a criminal referral about real estate transactions?Letitia James:
No, not at all. Let me just say to all New Yorkers and to all Americans: the allegations are baseless. The allegations are nothing more than a revenge tour. As you mentioned, my office was successful in securing a $454 million judgment against Donald Trump and others for exaggerating the value of his assets. He engaged in a pattern and practice of fraud, and the interest is accruing each and every day while the case is on appeal in the First Department. It’s important that individuals know this is nothing more than the continuing evolution of the tour.He went after law firms, universities, immigrants, women. Thousands of federal employees right now are unemployed. Our government is in chaos and in disarray. Medicaid, Social Security, CFPB—and the list goes on and on and on. As you mentioned, each and every day, my office is leading the fight against these executive orders, which have no legal import at all—have no legal significance.
We are standing up for the rights and privileges of New Yorkers and Americans. I will not be silenced. I will not be bullied. I will not bend. I will not break. And I will not bow to anyone.
No one is above the law, including the President of these United States. The Office of the Attorney General will continue to stand up.
Errol Louis:
Let me follow up on some of what’s in this letter. It says, “According to media reports,” which, for us in the media, is a red flag—meaning that it seems to be based on some social media posts that I know were made by partisan political actors. But just let me ask you about some of the specifics in the letter. They’re saying that your house in Brooklyn is a legal five-family, and the mortgage on it is for a four-family house. Is that true?Letitia James:
Let me just say that, Errol, as any good attorney, I will not litigate this case in front of a camera. It’s important that we respond to these allegations at the appropriate time and in an appropriate way.But I will not go back and forth with respect to these baseless allegations. I am more focused, again, on standing up for the freedoms, the liberties, and for the rule of law in the state of New York.
Errol Louis:
I was under the impression, by all of this, that what they were really looking for is what they got—which is a headline saying, “Tish James is under criminal investigation.” Is that pretty much what’s going on here?Letitia James:
Yeah, that’s what they got. That’s what they got. It’s unfortunate that you have some of these right-wing, conservative individuals who are camped out in front of my home and in front of the homes of my relatives in Virginia, harassing them each and every day.It’s unfortunate—knocking on the doors of my neighbors and the neighbors of my relatives in the state of Virginia. It is nothing more than a headline, nothing more than, again, retaliation against all of the actions that I have taken successfully against Donald Trump.
WATCH:
Previously on TGP:
- Big Development: Is Letitia James Guilty of Mortgage Fraud?
- Mortgage Fraud Alert: Did Letitia James Marry Her Father?
- The Letitia Files: Did Letitia James Illegally Hire a Nonprofit for Her 2013 Campaign?
- Revealed: NY Attorney General Letitia James Declares Virginia Home Her ‘Principal Residence’
- New for Letitia Files: Is Letitia James’ Rage Against Trump Really a “Daddy Issue?”
The Gateway Pundit and the White Collar Fraud previously reported back in early March that James has been implicated in multiple instances of mortgage fraud, with the most damning claims centered on her Brooklyn and Virginia properties.
For over two decades, James allegedly misrepresented her Brooklyn apartment building as a four-unit property on mortgage applications, despite official records confirming it has five units.
This seemingly minor discrepancy enabled her to secure a 2011 Home Affordable Modification Program (HAMP) loan at a remarkably low 2.7% interest rate, saving her an estimated $44,000 annually.
To qualify, James claimed financial hardship, despite earning over $126,390 in 2011 from her New York City Council position, CUNY work, and rental income. Critics argue this hardship claim was dubious at best, raising questions about her eligibility for the taxpayer-backed loan.
Further allegations point to a 2023 Virginia property purchase, where James declared a Norfolk home as her primary residence, despite New York law requiring her to maintain residency in the state as Attorney General.
The Federal Housing Finance Agency (FHFA) has referred James to the Department of Justice, with Director William Pulte asserting she falsified records to obtain a $219,780 mortgage with preferential terms.
Perhaps the most bizarre accusation involves a 1983 property purchase with her father, Robert James, where documents listed them as “husband and wife.” The Gateway Pundit suggests this misrepresentation was a deliberate ploy to secure better loan terms, constituting mortgage fraud under federal law.
The post Letitia James Breaks Silence on Mortgage Fraud Scandal Following TGP and White Collar Fraud Report — Dismisses Evidence as ‘Baseless’ appeared first on The Gateway Pundit.