by James A. Bacon
A big national story has landed in Virginia, and state media, which could help the public sift through conflicting charges and countercharges, have been totally silent.
In a 2022 trial heard around the world, New York Attorney General Letitia James famously secured a $354 million judgment against Donald Trump and the Trump Organization for submitting inflated property valuations to secure favorable loans. Trump and his defenders claimed that the valuations were subjective, the loans were repaid, and the prosecution was purely political.
Now Trump is president, and he’s retaliating against his tormenters. In a letter to Attorney General Pam Bondi, Federal Housing Finance Agency (FHFA) Director William Pulte accused James of playing fast and loose in a real estate transaction of her own. It appears that in a 2023 application for a $220,000 mortgage, James declared that she intended to occupy a Norfolk, Va., house as her “primary residence.” But she lives in New York, and she has conceded that her niece lives in the modest, single-family dwelling. Read the details in this New York Post account.
Most recently, a report of irregularities has surfaced of James’ involvement in a 2008 real estate transaction in Martinsville, Va. Documents show her as a co-purchaser of a single-family home on a “final foreclosure accounting” (her name was misspelled as Lititua) but her name did not appear on the deed as it should have. The report could not identify a connection between James and the other buyers but noted that her mother resides in Martinsville.
So, James stands accused of submitting inaccurate information in real estate-related legal documents — just as she charged Trump of doing, though on a much smaller scale. As with Trump, there is no evidence that anyone was harmed from the alleged (though heavily documented) misstatement.











