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FBI opens formal criminal probe into New York AG Letitia James over alleged mortgage fraud

By Caitlin Doornbos and Chris Nesi

Black smoke from Sistine Chapel chimney signals no pope elected on second day of conclave

The Federal Bureau of Investigation and US Attorney’s Office in Albany have launched a criminal investigation into mortgage fraud claims against New York Attorney General Letitia James, a source familiar with the probe told The Post.

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The FBI launched a formal criminal probe into NY AG Letitia James.
G.N.Miller/NYPost
Exhibits from Criminal Referral for NY AG Letitia James by U.S. FEDERAL HOUSING FHFA
New York Attorney General Letitia James
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James is being investigated for alleged mortgage fraud.
U.S. FEDERAL HOUSING FHFA
The investigation, first reported by the Times Union, follows a federal criminal referral sent by Federal Housing Finance Agency (FHFA) Director William Pulte to the Justice Department earlier this month.

Pulte’s letter alleges James “falsified records” to obtain favorable home loans on a home she purchased in 2023 in Virginia and a Brooklyn brownstone she’s owned since 2001.

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The allegations further detail James indicated the Virginia home would be her “principal residence” while acting as New York’s top cop, and that she misrepresented the number of units in her Brooklyn residence.

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FBI Director Kash Patel arrives for a Senate Appropriations Committee hearing in the Dirksen Senate Office Building on Capitol Hill on May 8, 2025 in Washington, DC.
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FBI Director Kash Patel arrives for a Senate Appropriations Committee hearing in the Dirksen Senate Office Building on Capitol Hill on May 8, 2025 in Washington, DC.
Getty Images

The FBI and James’ office declined to comment when reached by The Post.

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