In a significant development from New York, the Trump administration has leveled serious allegations against New York Attorney General Letitia James, asserting that she engaged in mortgage fraud to gain favorable loan conditions. As reported, officials from the Federal Housing Finance Agency (FHFA) have made a criminal referral to the Justice Department, prompting a potential federal investigation.
Sources from the Trump administration allege that James manipulated property records, misrepresenting the size of her New York property and filing incorrect information regarding her primary residence in Virginia. It is claimed that this deceit was intended to secure better loan terms for herself, a charge James adamantly denies. "Attorney General James is focused every single day on protecting New Yorkers," stated her office. "She will not be intimidated by bullies — no matter who they are."
This controversy arises following a civil ruling in a case where James successfully argued that Trump had inflated property values to obtain loans under more favorable conditions. The former president is currently appealing the decision that found the Trump Organization liable, which includes a hefty judgment exceeding $350 million.
While the White House has confirmed that no charges have been filed against James yet, FHFA Director William Pulte's accusations detailed instances where James allegedly misrepresented her properties for mortgage applications. The situation has further inflamed Trump's ongoing narrative of facing political harassment, as he continues to call James "corrupt" and calls for her resignation.
Notably, Trump himself has faced legal challenges, including a recent criminal conviction for falsifying business records linked to hush-money payments. He has increasingly vocalized his perspective on the legal actions taken against him, seeking retribution against those he perceives as his political adversaries, including extensive actions against prosecutors involved in cases against him.
This new chapter in the fraught relationship between Trump and James adds another layer of intrigue to a saga that continues to captivate public attention. The implications of these allegations and the potential for federal inquiry will be closely monitored as the situation unfolds.
