Norfolk, Virginia – The Daily Caller News Foundation visited two South Virginia facilities at the heart of fraud and fraud claims committed against Democrat New York Attorney General Letitia James, and discovered that James appears to be a resident of either house.
The Federal Housing Finance Agency (FHFA) called James to the Department of Justice (DOJ) on Monday for a potential investigation into alleged mortgage fraud. White Collar Scam Report He presents evidence that James may have committed mortgage fraud on one property and submits inconsistent disclosure reports on other loans. The DCNF visited both homes in question on Wednesday and discovered that both residences clearly contain multiple people, but not James.
One of the properties is a modest two-storey home in the quiet Norfolk area. James is said to have characterized the home as her “major residence.” document Filed in August 2023 – perhaps to ensure a more favorable loan terms – a position that required a major New York state residence at the time, serving as New York’s Attorney General, while it was being held. (Related: “That’s shameful”: GOP officials say NY AG “should be rejected” because of the law against Trump)
When DCNF arrived at the house Wednesday afternoon, all the blinds were drawn to him, and a woman screamed out from inside the house – before DCNF could identify itself or ask questions – she had no comments to share, and the voices from inside the house didn’t sound like James’s voice, as she heard at the press conference.
DCNF interviewed neighbors who live right in the immediate vicinity of their homes and learned more about whether they live in the home. In particular, there was only one vehicle in the first pass of the DCNF, but at one point, about 30 minutes before DCNF passed the house again, a second vehicle was parked in the driveway.
One neighbor told DCNF that she believes she lives in a house where a black woman and a child had a basketball hoop in her driveway, but she didn’t recognize James when she showed the photos. The second neighbor commented simply by saying, “It’s not a New York woman.” Perhaps James lives in a residence.
In particular, James filed the documents of this particular home just weeks before he began his trial against President Donald Trump in August 2023, as he concluded that Trump was ordered to pay a fine of hundreds of millions of dollars as the 2024 presidential election took shape.
When DCNF arrived at the second home, a two-storey home in another Norfolk neighborhood, two of its residents were on the porch outside the front door. One resident ordered the DCNF to leave without answering questions about whether he knew James. The resident said it “doesn’t matter” whether she or the property is connected to James. (Related: “Unconstitutional”: Letitia James slapped in lawsuit over alleged censorship at a promotional pregnancy center)
None of the residents of the neighboring house knew much about the residents of the second property.
According to the white-collar scam, James purchased his second residence in 2020. James did not disclose the loan in financial disclosures between 2020 and 2023, but he still funded the purchases with an active mortgage today.
James reported thousands of dollars in rental income in 2020 on the property, and did not list rental income in disclosures between 2021 and 2023, according to a white-collar scam. In a 2023 financial disclosure, James added two more lenders to the paperwork for the home, but the white-collar fraud failed to identify evidence of any loan in the residential title chain.
The white-collar scam failed to find a record lien from either of the two new lenders, raising doubts as to why the house is so stacked. The outlet speculated that the unusual mortgage situation could indicate that the two loans first reported in 2023 never existed, could have been misrepresented, or could have been included in the filing to “prove a fictitious liability profile while mitigating mandatory disclosure.”
White-collar scams say that beyond two Norfolk properties, James has consistently misclassified the multifamily property he owns as a four-family unit in Brooklyn, New York. The outlet suggested that repeated misidentification allowed James to secure more favorable loan terms to define the property that holds five or more families as commercial property. This is a classification that is usually subject to stricter loan conditions.
James’ office did not respond to requests for comment.
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