New York State Attorney General Letitia James is seen making an announcement at the Office of the New York Attorney General. (Lev Radin/Pacific Press/LightRocket via Getty Images)
The FHFA is an independent federal agency that oversees Fannie Mae, Freddie Mac and the Federal Home Loan Bank System.
James is a longtime political foe of President Donald Trump's, including campaigning for the attorney general job in 2018 by vowing to aggressively pursue legal charges against Trump if elected, adding she'd expose the "con man" after her win that year.
Her office leveled nearly 100 legal challenges against the first Trump administration and added after his second presidential win in 2024 that she would continue challenging him in the courts to "defend the rights of New Yorkers and the rule of law."
State Attorney General Letitia James seen during a public safety announcement to prevent gun violence at City Hall. (Lev Radin/Pacific Press/LightRocket via Getty Images)
The criminal referral also cited past reported issues with James' properties, including a 2001 purchase of a Brooklyn, New York, property. The certificate of occupancy lists the property as a five-unit residence, while James' mortgages list the property as four units, which could affect mortgage agreements.
James has denied wrongdoing, including her office telling the New York Times in April that a separate loan application for the 2023 Norfolk, Virginia, home purchase reportedly indicated she would not live at the property full-time, and that her mortgage agreement did not require her to occupy the property as her primary residence.
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James' attorney, Abbe Lowell, sent a letter to U.S. Attorney General Pam Bondi in April arguing the criminal referral was "three pages of stale, threadbare allegations with no reason to proceed other than they are ‘based on media reports’ and are the next salvo in President Trump’s revenge tour against Attorney General James."
Fox News Digital reached out to James' office for comment on the planned closures Thursday afternoon but did not immediately receive a reply.
https://www.foxnews.com/politics/exclusive-fannie-mae-freddie-macs-ny-offices-shutter-response-ag-james-corrupt-practices