Wheels
AH ambassador
Will be interesting to see where this goes from here..........
Fannie Mae Officials Saw No Evidence of Fraud
November 18, 2025
“Senior fraud investigators at Fannie Mae believed there was no clear evidence to prove that New York Attorney General Letitia James committed mortgage fraud, according to new information disclosed by James’ legal team in a filing on Monday,” Reuters reports.
“The filing, which asks a federal judge to dismiss the criminal charges against James on the basis of outrageous government conduct, reveals some new details about how people inside Fannie Mae viewed the investigation into James and the role that Trump ally Bill Pulte, the nation’s top housing regulator, played in shaping the probe.”
Interesting perspective by Fannie Mae.
I have invested in real estate my adult life
and have bought over 100 residential properties.(1-4 units). In Oklahoma I see Fannie, Freddie and FHA turning over documents to DOJ for prosecution in cases like James has been indicted for fraud.
1. James has been NY AG since 2019. She is required to have her primary residence in NY. She buys a Virginia property for her niece to live in signing documents that it will be her primary residence. Lower down payment and lower interest rate. Pretty straight forward.
2. She owns a five unit building in NY and claims it is a 4-plex which falls under different underwriting rules which allow lower down payments and lower interest rates. Again pretty straight forward.
In Oklahoma, from the documents that have been released that it would be a slam dunk case. It is pretty hilarious that James goes after Trump for mortgage fraud while committing mortgage fraud herself while prosecuting Trump.
In New York and Virginia I have no clue how a jury would decide or how it would be prosecuted. What I am confident of is that Fannie and DOJ would prosecute fully if this happened in Oklahoma.
From afar it seems like Fannie has jumped into playing politics regarding James.