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Letitia James Investigated for Mortgage Fraud

Steeltime

Steeltime

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Remember when Tish James ran for New York AG on the platform of going after Trump and then was behind the ridiculous prosecution of him for lender fraud because he allegedly overstated the value of real estate in a loan application, where the lenders give zero credence to self-reported valuation and conduct their own value assessment and where Trump repaid the loan in full? I do.

So about the allegation of real estate fraud, and "nobody is above the law," and paperwork issues should be prosecuted, Tish? Remember that??



I hope she is convicted and sentenced to five years in a state prison for ACTUAL loan fraud.
 
Goodfellas Laughing.jpg
 
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We know she is guilty. Will she be handcuffed? No. She will come out with a book.
 
Detailed Follow-Up on Tishy's Mortgage Fraud

Tishy not only lied on the power of attorney executed for purchase of a home in Virginia - falsely claiming it as her primary residence when she was living in New York and acting as the NY Attorney General - but also lied on other mortgage applications for a 5-unit building in Brooklyn. The linked story shows:

Over two decades, James’ property classifications fluctuated dramatically across multiple lenders—yet the building’s legal status remained consistently fixed as a five-family dwelling. The pattern reveals not just inconsistency, but a gradual evolution that maximized financial advantages:
  • June 21, 2021: Citizens Bank NA – “Dwelling Only – 1 or 2 Family Residence or Dwelling”
  • August 23, 2019: Citibank NA – “Dwelling Only – 4 Family”
  • October 26, 2017: Wells Fargo Bank, N.A. – “Dwelling Only – 4 Family”
  • January 26, 2015: The Municipal Credit Union – “Dwelling Only – 4 Family”
  • August 23, 2011: US Bank NA, as Trustee – “4 Fam.” (handwritten)
  • May 25, 2007: American General Home Equity, Inc. – “Property Improved by a 1–2 Family Residence or Dwelling”
  • October 26, 2006: American General Home Equity, Inc. – “Improved by 1–3 Family Dwelling”
  • July 1, 2005: MERS – “Dwelling Only – 4 Family”
  • August 29, 2003: MERS – “Premises Improved by 4 Family Dwelling”
  • March 30, 2001: Chase Manhattan Bank – “Premises Improved by One or Two Family”

REALITY VS. MORTGAGE FILINGS​

REALITY: Certificate of Occupancy (2001-Present)
“FIVE (5) FAMILY DWELLING”

VS.

MORTGAGE FILINGS (2001-2021)
  • 2021: “Dwelling Only – 1 or 2 Family Residence or Dwelling”
  • 2007: “Property Improved by a 1-2 Family Dwelling”
  • 2006: “Improved by 1-3 Family Dwelling”
  • 2001: “Premises Improved by One or Two Family”
Click to expand...

The difference between a single-family mortgage, a 2-4 family building, and a 5-family building is huge. 5-family units are required to be designated as commercial property, subject to much higher mortgage interest rates, higher down payments, and higher insurance premiums.

It's okay, however. Tishy's a victim of slavery (admittedly distant but still) so her punishment will be in the form of slightly reduced reparations.
 
There would be rental incomes on that property that would flow thru bank accounts and tax returns that should clarify.

She wouldn't have made a mistake on the taxes, right?
 
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