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Anna Bower @annabower.bsky.social · 11h

Indictment alleges that James claimed the property as a 2nd home but used it as a rental investment property.

It says she rented the property out but conveniently doesn’t specify the timeframe or duration.

That’s notable bc you can rent out a 2nd home and the rider allows short-term rentals.

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On or about August 17, 2020, JAMES, as sole borrower, purchased the three (3) bedroom,
(1) bathroom property located at 3121 Peronne Avenue, Norfolk, Virginia 23509 (the
"Peronne Property"), for approximately $137,000, financed with a mortgage loan of approximately $109,600 (Loan #4430025978) backed by Fannie Mae.
6. The loan was originated by OVM Financial under a signed Second Home Rider, which required JAMES, as the sole borrower to occupy and use the property as her secondary residence, and prohibited its use as a timesharing or other shared ownership arrangement or agreement that requires her either to rent the property or give any other person any control over the occupancy or use of the property.
7. Despite these representations, the Peronne Property was not occupied or used by JAMES as a secondary residence and was instead used as a rental investment property, renting the property to a family of (3).
8. This misrepresentation allowed JAMES to obtain favorable loan terms not available for

In addition to the covenants and agreements made in the security Instrument Borrower and Lender further covenant and agree that Sections 6 and 8 of the Security Instrument are deleted and are replaced by the following:
6. Occupancy, Borrower will occupy and use the Property as Borrower's second home. Borrower will maintain exclusive control over the occupancy of the Property, including short-term rentals, and will not subject the Property to any timesharing or other shared ownership arrangement or to any rental pool or agreement that requires Borrower either to rent the Property or give a management firm or any other person or entity any control over the occupancy or use of the Property. Borrower will keep the Property available primarily as a residence for Borrower's personal use and enjoyment for at least one year after the date of this Second Home Rider, unless Lender otherwise agrees in writing, which consent shall not be unreasonably with-held, or unless extenuating circumstances exist which are beyond Borrower's control.
8. Borrower's Loan Application. Borrower shall be in default it, during the Loan application process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or consent gave materally false, mislead-ing, or inaccurate information or statements to Lender (or failed to provide Lender with material information) in connection with the Loan. Material representations include, but are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's second home.
BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants
contained in this Second Home Rider.

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Mrs. Detective PikaBOO, Esq. @clapifyoulikeme.favrd.social · 12h

🚨🚨🚨NEW JUDGE FARUQUI BANGER JUST DROPPED🚨🚨🚨

storage.courtlistener.com/recap/gov.us...

Page 12, the conclusion:
This litigation and the delay caused by it could have been avoided if the government had simply gone to one of the other federal grand juries. That escape hatch remains open today. At any time, the government can short circuit this dispute by taking their federal charge before a federal grand jury. The question then is why are they now afraid to do so?

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☠️ Hell-Pleaded Spook-plaints 🎃 @timorous.cishet.net · 14h

what a mess lol

☠️ Hell-Pleaded Spook-plaints 🎃 @timorous.cishet.net · 14h

seems like the loan required James to be the sole owner/occupant and not enter into a “shared ownership arrangement,” but you can use a property as an AirBnb and retain full control over occupancy and use of the property…

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☠️ Hell-Pleaded Spook-plaints 🎃 @timorous.cishet.net · 14h

this might be a terrible paraphrase by Halligan but I genuinely think as written this might fail to state an offense

Popehat Agitates And Irritates @kenwhite.bsky.social · 14h

/2 Also note that this key paragraph characterizes the agreement rather than quoting it, an odd choice in this context. Seems skeevy.

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Joshua J. Friedman @joshuajfriedman.com · 14h

Today's Letitia James indictment appears to relate to a *different* property in Norfolk, Virginia, from the one that was the subject of Bill Pulte's April "criminal referral" letter.

While Pulte described a property in zip 23505 bought in 2023, the indictment refers to one in 23509 bought in 2020.

Norfolk, VA 23505
On August 17, 2023, Ms. James granted Ms. Shamice Thompson-Hairston power of attorney to make a Virginia property her "principal residence." See Exhibit A. And on August 30 and 31, 2023, through her attorney, Ms. James purchased this property in Norfolk, VA. In a Fannie Mae/Freddie Mac Form 3047 and in mortgage documents, she reaffirmed this would be her primary residence, despite being a statewide public office holder in the state of New York at that same time and primarily residing in the state of New York. See Exhibit B.
In fact, a building permit issued on her New York property on July 15, 2024 lists her New
York property as the "JAMES RESIDENCE" and states "Remain Occupied":

Primary residence mortgages receive more favorable loan terms, including lower interest rates, than secondary residence mortgages. Lenders view secondary residence mortgages as significantly riskier, as a borrower is more likely to continue paying off a primary residence mortgage during any financial hardship. Interest rates on secondary residence mortgages are typically between 0.25-0.50% higher than their primary residence counterparts; however, this gap can widen depending on the lender. At the time of the 2023 Norfolk, VA property purchase and mortgage, Ms. James was the siting Attorney General of New York and is required by law to have her primary residence in the state of New York-even though her mortgage applications list her intent to have the Norfolk, VA property as her primary home. It appears Ms. James' property and mortgage-related misrepresentations may have continued to her recent 2023 Norfolk, VA property purchase in order to secure a lower interest rate and more favorable loan terms.

5. On or about August 17, 2020, JAMES, as sole borrower, purchased the three (3) bedroom,
(1) bathroom property located at 3121 Peronne Avenue, Norfolk, Virginia 23509 (the
'Peronne Property"), for approximately $137,000, financed with a mortgage loan of approximately $109,600 (Loan #4430025978) backed by Fannie Mae.
6. The loan was originated by OVM Financial under a signed Second Home Rider, which
required JAMES, as the sole borrower to occupy and use the property as her secondary residence, and prohibited its use as a timesharing or other shared ownership arrangement or agreement that requires her either to rent the property or give any other person any control over the occupancy or use of the property.
7. Despite these representations, the Peronne Property was not occupied or used by JAMES as a secondary residence and was instead used as a rental investment property, renting the
property to a family of (3).

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Jon Seidel @jonseidel.bsky.social · 14h

Perry says the order will say defendants are "temporarily enjoined from ordering the federalization and deployment of the National Guard of the United States within Illinois."

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Joshua J. Friedman @joshuajfriedman.com · 15h

Letitia James's initial appearance in Virginia federal court has been scheduled for October 24. storage.courtlistener.com/recap/gov.us...

SUMMONS IN A CRIMINAL CASE
YOU ARE SUMMONED to appear before the United States district court at the time, date, and place set forth
below to answer to one or more offenses or violations based on the following document filed with the court:
• Indictment
Place: Walter E. Hoffman U.S. Courthouse
600 Granby Street
Norfolk, Virginia 23510
Courtroom No.: Magistrate Courtroom #2
Date and Time: 10/24/20259:00 am

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☠️ Hell-Pleaded Spook-plaints 🎃 @timorous.cishet.net · 14h

former white-collar AUSA Judge Jamar Walker. should be interesting. I don’t expect this to move as fast as Comey’s case (Norfolk is less speed-obsessed than Alexandria)

Joshua J. Friedman @joshuajfriedman.com · 15h

It appears that Lindsay Halligan's prosecution of Letitia James has been assigned to Biden appointee Jamar K. Walker.

James is represented by Abbe Lowell.

U.S. District Court
Eastern District of Virginia - (Norfolk)
CRIMINAL DOCKET FOR CASE #: 2:25-cr-00122-JKW-DEM All Defendants
RECAP Actions y
Case title: USA v. James
Assigned to: District Judge Jamar K. Walker Referred to: Magistrate Judge Douglas E.
Miller
Defendant (1)
Letitia A. James
Date Filed: 10/09/2025
represented by Abbe David Lowell
Lowell & Associates, PLLC

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Popehat Agitates And Irritates @kenwhite.bsky.social · 14h

/2 Also note that this key paragraph characterizes the agreement rather than quoting it, an odd choice in this context. Seems skeevy.

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☠️ Hell-Pleaded Spook-plaints 🎃 @timorous.cishet.net · 15h

☠️

Jon Seidel @jonseidel.bsky.social · 15h

Christopher Wells from Illinois tells Perry "we would request the addition of language intended to cover National Guard from other states, or the National Guard of the United States.

"We don't want to get into an Oregon situation."

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Jon Seidel @jonseidel.bsky.social · 15h

Perry just handed a draft of her order to both sides and left the bench. She's letting them look at it until she returns.

We still don't know the details of her order. She said she's granting the state's request "in part," which indicates some part of it is also being denied. Stay tuned.

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Jon Seidel @jonseidel.bsky.social · 15h

Perry: "There is no evidence that the president is unable, with the regular forces, to execute the laws of the United States."

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Jon Seidel @jonseidel.bsky.social · 15h

Perry: "Deportations are up. Arrests are up. … The courthouse remains open and always has. Federal laws are being executed. They're also being broken, as they have been since the beginning of time."

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Jon Seidel @jonseidel.bsky.social · 15h

Perry: "I have seen no credible evidence that there is danger of rebellion in the state of Illinois."

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Jon Seidel @jonseidel.bsky.social · 15h

Perry cites other fed prosecutions/lawsuits in Chicago and says "in the last 48 hours, in four separate unrelated legal decision from different neutral parties, they all cast significant doubt on DHS' credibility and assessment of what is happening on the streets of Chicago."

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Jon Seidel @jonseidel.bsky.social · 15h

U.S. District Judge April Perry says it comes down to a "credibility determination."

"I simply cannot credit [the Trump administration's] declarations to the extent they contradict state and local law enforcement. … DHS' perception of events are simply unreliable."

Jon Seidel @jonseidel.bsky.social · 15h

#BREAKING A federal judge say she will grant "in part" a request by the state of Illinois for a temporary restraining order against the deployment of National Guard troops into the state.

U.S. District Judge April Perry is still ruling and has not outlined the details of her order.

Jon Seidel @jonseidel.bsky.social · 15h

Perry: "I'm going to issue an oral ruling."

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Mrs. Detective PikaBOO, Esq. @clapifyoulikeme.favrd.social · 1d

I feel like I’m on drugs just from the trailer, absolutely will be watching the hell out of Ryan Murphy’s latest gay fever/wet dream

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Jon Seidel @jonseidel.bsky.social · 15h

#BREAKING A federal judge say she will grant "in part" a request by the state of Illinois for a temporary restraining order against the deployment of National Guard troops into the state.

U.S. District Judge April Perry is still ruling and has not outlined the details of her order.

Jon Seidel @jonseidel.bsky.social · 15h

Perry: "I'm going to issue an oral ruling."

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☠️ Hell-Pleaded Spook-plaints 🎃 @timorous.cishet.net · 15h

this is a different property from any of the ones I saw mentioned before—the owner-occupancy thing was about a property in zip code 23505; 3121 Peronne Ave. is in 23509. what to make of this I don’t know

Joshua J. Friedman @joshuajfriedman.com · 15h

NEW: Here's the two-count indictment against NY AG Letitia James. storage.courtlistener.com/recap/gov.us...

INDICTMENT
October 2025 Term - at Alexandria, Virginia
THE GRAND JURY CHARGES THAT:
GENERAL ALLEGATIONS
At all times relevant to this Indictment:
1. Letitia A. James ("JAMES) was a resident of Brooklyn, New York, and the borrower on a
Fannie Mae-backed mortgage loan for the property located at 3121 Peronne Avenue,
Norfolk, Virginia.
2. OVM Financial (also known as Old Virginia Mortgage / AnnieMac) was a mortgage lending business located in Virginia Beach, Virginia, engaged in the business of originating and underwriting residential mortgage loans, including those backed by the Federal National Mortgage Association ("Fannie Mae"). OVM Financial qualified as a "financial institution" within the meaning of 18 U.S.C. § 20(10).
3. Fannie Mae was a federally chartered corporation that purchased and guaranteed mortgages,
operating as a government-sponsored enterprise under the oversight of the Federal Housing

Finance Agency ("FHFA").
4. First Savings Bank was a state-chartered, FDIC-insured financial institution (Certificate
#29961), headquartered in Jeffersonville, Indiana, which acquired mortgage loans through assignment or acquisition. First Savings Bank qualified as a "financial institution" within the meaning of 18 U.S.C. § 20(1).
5. On or about August 17, 2020, JAMES, as sole borrower, purchased the three (3) bedroom,
(1) bathroom property located at 3121 Peronne Avenue, Norfolk, Virginia 23509 (the
"Peronne Property"), for approximately $137,000, financed with a mortgage loan of approximately $109,600 (Loan #4430025978) backed by Fannie Mae.
6. The loan was originated by OVM Financial under a signed Second Home Rider, which required JAMES, as the sole borrower to occupy and use the property as her secondary residence, and prohibited its use as a timesharing or other shared ownership arrangement or agreement that requires her either to rent the property or give any other person any control over the occupancy or use of the property.
7. Despite these representations, the Peronne Property was not occupied or used by JAMES as a secondary residence and was instead used as a rental investment property, renting the property to a family of (3).
8. This misrepresentation allowed JAMES to obtain favorable loan terms not available for investment properties, including a note rate of 3.000% (avoiding a 0.815% higher
comparable investment property rate of 3.815%, resulting in approximately $17,837 in rate savings over the life of the loan), a seller credit of approximately $3,288 (exceeding the seller credit for investment properties by approximately $1,096), for total ill-gotten gains of approximately $18,933 over the life of the loan.
9. JAMES' Universal Property application for homeowners' insurance indicated "owner-

occupied non-seasonal use," further misrepresenting the intended use of the property.
10. JAMES filed Schedule E tax forms), under penalties of perjury, treating the Perrone Property as rental real estate, reporting fair rental days, zero personal use days, thousand(s)
of dollars in rents received, and claiming deductions for expenses relating to the property, further contradicting the second home classification.
11. The loan was acquired by or assigned to First Savings Bank by March 2021, exposing it to risks associated with the misrepresented loan.
12. The acts described herein occurred within the Eastern District of Virginia.
COUNT ONE
(Bank Fraud - 18 U.S.C. § 1344)
13. The allegations in paragraphs 1 through 12 are re-alleged and incorporated herein.
14. From on or about August 7, 2020, through at least January 2024, in the Eastern District of Virginia and elsewhere, the Defendant, LETITIA A. JAMES, did knowingly execute and attempt to execute a scheme and artifice to defraud OVM Financial and First Savings Bank,
financial institutions, and to obtain moneys, funds, and credits owned by and under the custody and control of OVM Financial and First Savings Bank by means of false and fraudulent pretenses, representations, and promises.
15. The scheme involved falsely representing the Peronne Property as a secondary residence to obtain favorable mortgage terms, while using it as an investment property with no intended
or actual personal occupancy or use by her.
(In violation of Title 18, United States Code, Section 1344).
COUNT TWO
(False Statements to a Financial Institution - 18 U.S.C. § 1014)
16. The allegations in paragraphs 1 through 12 are re-alleged and incorporated herein.

17. From on or about July 28, 2020, through at least August 31, 2020, in the Eastern District of Virginia and elsewhere, the Defendant, LETITIA A. JAMES, did knowingly make and cause to be made false statements and reports for the purpose of influencing the action of OVM Financial, a Fannie Mae-backed lender, upon an application for a loan, in that JAMES represented and affirmed in uniform residential loan applications and related documents that
the Peronne Property would be used as a secondary residence, when in truth and fact, as JAMES then knew, the property was intended and used as an investment property with no intended or actual personal occupancy or use by her.
(In violation of Title 18, United States Code, Section 1014).
FORFEITURE NOTICE
Pursuant to Federal Rule of Criminal Procedure 32.2(a) and Title 18, U.S.C. §
982(a)(2)(A), upon conviction of the offenses in Counts One and Two, the Defendant, Letitia
A. James, shall forfeit to the United States any property constituting, or derived from, proceeds obtained, directly or indirectly, as a result of such violations, including but not limited to a money judgment in the amount of $18,933.
If any of the property described above, as a result of any act or omission of the Defendant: (a) cannot be located upon the exercise of due diligence; (b) has been transferred or sold to, or deposited with, a third party; (c) has been placed beyond the jurisdiction of the court; (d) has been substantially diminished in value; or (e) has been commingled with other property which cannot be divided without difficulty, the United States shall be entitled to a forfeiture of substitute property pursuant to Title 21, U.S.C. § 853(b), as incorporated by Title
18 U.S.C. § 982(b)(1).
(In accordance with Title 18 U.S.C. § 981(a)(1)(C) and 982(a)(1); Title 28, U.S.C. § 2461(c); and Title 21 U.S.C. § 853(p).)

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Joshua J. Friedman @joshuajfriedman.com · 15h

NEW: Here's the two-count indictment against NY AG Letitia James. storage.courtlistener.com/recap/gov.us...

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BNO News @bnonews.com · 16h

BREAKING: New York Attorney General Letitia James indicted on criminal bank fraud charge - Reuters

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☠️ Hell-Pleaded Spook-plaints 🎃 @timorous.cishet.net · 16h

USAO-EDVA leaking like a sieve

Quinta Jurecic @qjurecic.bsky.social · 16h

typically you don't receive play by plays of what a grand jury is doing

Anna Bower @annabower.bsky.social · 17h

Per Fox News, a federal grand jury in the Eastern District of Virginia is currently weighing whether to charge NY AG Letitia James with mortgage fraud.

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Brad Heath @bradheath.bsky.social · 17h

Grand jury matters are secret by law. It is surpassingly unusual for the press to learn about a case being presented to a grand jury in real time.

Ryan Goodman @rgoodlaw.bsky.social · 17h

Oct 6: "Yusi, who oversees major criminal prosecutions in the Norfolk office...confided to coworkers that she sees no probable cause to believe James engaged in mortgage fraud"

Oct 9: Interim US Attorney Halligan asks grand jury to approve criminal charges against James for mortgage fraud

Virginia prosecutor asks grand jury to approve criminal charges against Letitia James

Attorney who presented case was installed after Trump became frustrated with pace of investigations against rivals

www.theguardian.com

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☠️ Hell-Pleaded Spook-plaints 🎃 @timorous.cishet.net · 16h

eyes glowing, levitating (I think this is happening in the Norfolk Division which is sadly the one I’m least familiar with)

Anna Bower @annabower.bsky.social · 17h

Per Fox News, a federal grand jury in the Eastern District of Virginia is currently weighing whether to charge NY AG Letitia James with mortgage fraud.

Fox News & @FoxNews
X.com
BREAKING: A federal grand jury is meeting in the Eastern District of Virginia court, weighing charging NY AG Letitia James with mortgage fraud, two sources confirm to Fox News.

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