A federal agency has referred the New York Attorney General for criminal prosecution on charges that she committed mortgage fraud multiple times to secure better loans for herself. Interested parties may remember that this was the exact thing that Letitia “No One Is Above The Law” James tried to prosecute President Donald Trump for in 2023. The difference between the two cases is that there is a lot of evidence that Letitia James is guilty, while she was unable to find any evidence that Trump had committed a crime.
William J. Pulter is the director of the U.S. Federal Housing Finance Agency (FHFA). The FHFA regulates Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. On Monday night, Pulter sent a letter to the Department of Justice recommending criminal charges against Letitia James.
Pulter wrote to Attorney General Pam Bondi and Deputy AG Todd Blanche that the FHFA has “identified matters that are appropriate for referral to the U.S. Department of Justice for consideration of criminal prosecution.”
That’s not technically correct. The FHFA didn’t identify any of this. Letitia James’s lifelong string of alleged mortgage fraud crimes was identified by independent journalist Joel Pollak. But so long as Letitia James gets the same treatment that she dished out to President Trump, it’s all good.
“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,” wrote Pulter.
The first potential mortgage crime that Pulter accused James of committing was the most recent. She purchased a home in Norfolk, VA, in 2023. James swore on a Power of Attorney document that the home in Norfolk was to be her “primary residence.” This helped her to secure a better interest rate on the home.
The problem with this is that she is the Attorney General of New York. State law requires her to live in New York to hold office. If she told the truth on that mortgage document, and the Norfolk home was her primary residence, it would mean that she had vacated the office of Attorney General and her $220,000 a year salary—two months before she launched her fake prosecution of President Trump.
If the Virginia home is not her primary residence, then she committed mortgage fraud. It’s one of the two.
The second alleged crime that Pulter accuses Letitia James of committing involves a property she purchased in 2001 on Lafayette Avenue in New York. The property is a five-family dwelling. James somehow managed to obtain a conforming loan on the property. Those are only available for dwellings with four or fewer family units. She listed it as a four-unit property in 2011 when she secured a Home Affordable Modification Program loan to upgrade the property. She did it again in 2019 when she refinanced the property through a Fannie Mae and Freddie Mac lender.
Those are the two concrete examples of fraud that Pulter listed in the letter to US Attorney General Pam Bondi. If she were to be convicted of those crimes, “Big Tish” could face up to 30 years in federal prison. The two home purchases encompass examples of alleged wire fraud, mail fraud, and bank fraud. They probably run afoul of some state laws as well.
A third potential crime that Letitia James appears to have committed is not listed in Pulter’s criminal referral. When she purchased her first home in New York in the early 1980s, she and her father Robert James signed the mortgage papers as husband and wife. This was also done to secure a better mortgage interest rate than she would have been eligible for as a single woman.
Pretending to be married to a blood relative to financially defraud the federal government is known in the criminal underworld as “Committing a Full Ilhan Omar.”
Once again, the universal Democrat Rule of Projection comes into play. The exact crime that Letitia James accused Donald Trump of committing—lying on mortgage documents to secure better loan terms—is the exact crime that James herself was allegedly committing.
In all seriousness, a criminal referral from the FHFA carries a lot of weight with the Department of Justice.
We didn’t reelect Donald Trump just to watch the US Justice Department play nice with the Democrats for four years. We elected Trump so that these people would get sent to prison for a long time. Because if they can do it to him, they can certainly do it to us.
This is about restoring balance to our two-tiered system of justice. If AG Pam Bondi is serious about that, she’ll go after Letitia James with the same zeal that the Democrats went after President Trump.