New York Attorney General Letitia James is facing mounting pressure to resign as federal authorities continue investigating her for potential mortgage fraud.
The Justice Department’s Weaponization Working Group, led by special prosecutor Ed Martin, sent James a letter on August 12 urging her to step down.
Martin argued that her resignation would be seen as “an act of good faith” and serve “the good of the state and nation.”
“Her resignation from office would give the people of New York and America more peace than proceeding,” Martin wrote. “I would take this as an act of good faith.”
The probe centers on alleged discrepancies involving James’s Brooklyn townhouse and a property she owns in Virginia. Investigators claim she misrepresented her Brooklyn five-unit property as a four-unit building on mortgage applications, building permits, and filings for government aid.
This alleged misclassification would have allowed James to secure loans with lower down payments and more favorable interest rates through Fannie Mae and Freddie Mac, per the Conservative Brief.
Federal officials also claim James falsely designated her Norfolk, Virginia, property as her principal residence while she was still serving as New York’s attorney general, listing her Brooklyn home as a second residence.
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