General World News

DOJ to investigate Letitia James over mortgage fraud

New York Attorney General Letitia James is the target of a criminal investigation related to mortgage fraud, following a referral by Federal Housing Finance Agency (FHFA) Director Bill Pulte, multiple news outlets reported Thursday.  

The U.S. Department of Justice alleges that James falsely claimed she intended to make a single-family home in Norfolk, Virginia, her primary residence in a mortgage application, despite serving as attorney general in New York. Primary residence mortgages typically offer more favorable loan terms, including lower interest rates. 

James allegedly signed a document in 2023 granting details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com