James has been accused of mortgage fraud by the Trump administration, but has not been charged. President Donald Trump considers her an enemy and has pressed officials to investigate James.
“We are shutting down the two New York offices for Fannie and Freddie as a result of Letitia James’ corrupt and dangerous business practices in the state,” a source close to the FHFA told Fox News Digital.
The FHFA oversees Fannie Mae and Freddie Mac, which provide “liquidity, stability, and affordability to the mortgage market,” the agency said.
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The offices will keep their functions but will not have a physical presence in New York State. Fannie Mae and Freddie Mac had offices near Midtown Manhattan in New York City.
“We’ll still employ New York residents,
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