On Monday night, the Department of Justice finally moved to right the ship in New York by seeking to prosecute corrupt New York Attorney General Letitia James who illicitly used her office to launch political attacks on Donald Trump.
The avenue of attack on the cretinous James was unexpected. On Monday, William J. Pulter, director of the U.S. Federal Housing Agency (FHFA), suggested that James should be prosecuted for mortgage fraud!
As it happens, the feds discovered that James was a permanent resident of Norfolk, Virginia. But New York law requires that she be a resident of New York to serve as the state’s top law enforcement officer. And so, she lied to the people of New York about where she actually lives.
“Pursuant to my authority as Director of the U.S. Federal Housing Finance Agency (“U.S.Federal Housing” or “FHFA”), I am referring the matter below,” Pulter wrote in his letter. “As regulator of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks, we take very seriously allegations of mortgage fraud or other criminal activity. Such misconduct jeopardizes the safety and soundness of FHFA’s regulated entities and the security and stability of the U.S. mortgage market.”
He went on to say “Ms. Letitia James has, in multiple instances, falsified bank documents and property records to acquire government backed assistance and loans and more favorable loan terms.” The DOJ will investigate accusations of:
1). Falsifying residence status for a Norfolk, Virginia-based home in order to secure a lower mortgage rate, and
2).Misrepresenting property descriptions to meet stringent requirements for government backed loans and government assistance
“In a FannieMae/Freddie Mac Form 3047 and in mortgage documents, she reaffirmed [the Norfok, Va., home] would be her primary residence, despite being a statewide public office holder in the state of New York at that same time and primarily residing in the state of New York,” the letter states.
“Ms. James, for both properties listed above, appears to have falsified records in order to meet certain lending requirements and receive favorable loan terms.” The “misconduct could violate multiple federal laws, including wire fraud, mail fraud, and bank fraud. In addition to state laws.
Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston, X at WTHuston, or Truth Social at @WarnerToddHuston.
