The FBI and U.S. Attorney’s Office in Albany, New York, have reportedly begun a formal criminal investigation into the real estate and mortgage transactions of New York Democratic Attorney General Letitia James.
Last month, William J. Pulte, director of the U.S. Federal Housing Finance Agency, sent a letter to U.S. Attorney General Pam Bondi alleging that James might have “falsified bank documents and property records to acquire government backed assistance and loans and more favorable loan terms.” He said James had “potentially included … falsifying residence status for a Norfolk, Virginia-based home in order to secure a lower mortgage rate and … misrepresenting property descriptions to meet stringent requirements for government backed loans and government assistance.” He pointed out, “Primary residence mortgages receive more favorable loan terms, including lower…
