New York Attorney General Letitia James, who aggressively pursued former President Donald Trump for alleged fraud, is now facing serious allegations of her own. Evidence suggests that James may have misrepresented key details in multiple mortgage applications to secure favorable loan terms, raising questions about potential fraud.
In 2011, James refinanced her Brooklyn apartment building through the federal government’s Home Affordable Modification Program (HAMP). This program offers low-interest loans to struggling homeowners but excludes landlords with more than four rental units. However, official records show that James falsely claimed her building had only four units, despite the Certificate of Occupancy clearly listing five.
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By making this false claim, James secured a government-backed loan with a highly favorable 2.7% interest rate—terms that would have been unavailable if she had disclosed the correct number of apartments. Adding to the controversy, James reported an annual income of $126,390 in 2011, yet still claimed financial hardship to qualify for the loan.
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