Leteicia James has been

T. A. Gardner said:
The government was the victim in James' case, and it stated on the documents she signed that lying was subject to criminal penalty.
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That lie by you has been corrected already.

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AI Summary:

OVM Financial is a company, not a government agency. It is a mortgage brokering and finance company that helps clients with home loans and other financing needs.
Key details about OVM Financial:
  • Type of business: OVM Financial is a private company, not a government-affiliated organization.
  • Location: It has been associated with Fayetteville, North Carolina, and operates in the finance and mortgage industry.
  • Services: The company offers services related to mortgage brokerage, including assistance with home loan applications and comparing different lending options.
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Beyond that Terry, even if we grant your lie (we do not), James has not missed payments and thus no money has been lost. Even if the government, they were not victimized as they are getting the money back. And as we all know Terry says...


NO VICTIM, NO CRIME!
 
T. A. Gardner said:
Trivial objections fallacy in the form of demand for more evidence.

James made false statements on the documents. The government stated on those documents that doing so was subject to criminal charges. James was charged. How hard is that to grasp?
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I told you before to STOP citing fallacies and other things you have no concept of the proper use of.

You Terry are claiming you have PROOF, so asking for that proof is not wrongful demand for more evidence.

There is absolutely no crime in making a statement you plan to use a house as a primary residence and then changing your mind and renting out later. That is 100% LEGAL.

So you, Terry, do not prove any crime was done by citing 'we have the signed declaration stating she planned to live there and then it was rented after'. THAT IS NOT A CRIME AND THAT PROVES NOTHING.

To PROVE the crime, Terry, you must have PROOF she knew at the time she filled out the declaration 'she did not intend to live there and always had the plan to rent it out'.

SO again Terry, cite that proof or admit you cannot identify any crime done here.
 
QP! said:
That lie by you has been corrected already.

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AI Summary:

OVM Financial is a company, not a government agency. It is a mortgage brokering and finance company that helps clients with home loans and other financing needs.
Key details about OVM Financial:
  • Type of business: OVM Financial is a private company, not a government-affiliated organization.
  • Location: It has been associated with Fayetteville, North Carolina, and operates in the finance and mortgage industry.
  • Services: The company offers services related to mortgage brokerage, including assistance with home loan applications and comparing different lending options.
--------

Beyond that Terry, even if we grant your lie (we do not), James has not missed payments and thus no money has been lost. Even if the government, they were not victimized as they are getting the money back. And as we all know Terry says...


NO VICTIM, NO CRIME!
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Their loans are backed by Fannie Mae and Freddy Mac.

OVM's mortgages made to James were backed by the Federal Housing Finance Agency (FHFA). That is the mortgage company was government insured against loss on those loans and the documents James signed were subject to criminal charges if she lied for that reason.

Trump's loans had no government insurance or backing. They were secured by personal property that the bank agreed to use as collateral.

 
This case is deader than a doornail, from the get go.


The Letitia James Indictment Falls Short​

I’m unaware of the federal government having previously charged anyone for fraud based on renting out a second home. Yet that’s what we have with the Letitia James mortgage fraud indictment....

Three things matter here with the timing of the lease.

1. The Occupancy Covenant Does Not Prohibit Rentals Generally

The Second Home Rider does not prohibit renting out the property. Let me say that again. The Second Home Rider does not prohibit renting out the property....

2. The Occupancy Covenant Only Lasts One Year

Even if I’m wrong about the interpretation of the occupancy covenant, the operative restriction would come from the final sentence, which only attaches for one year. When did James rent out the property? We don’t know. That’s important information left out of the indictment...

3. Extenuating Circumstances: COVID

The Second Home Rider also has an exception for “extenuating circumstances exist that are beyond Borrower’s control.” The mortgage was from August 2020, in the middle of the COVID pandemic. That opens the door to an extenuating circumstances argument....
 
T. A. Gardner said:
Their loans are backed by Fannie Mae and Freddy Mac.

OVM's mortgages made to James were backed by the Federal Housing Finance Agency (FHFA). That is the mortgage company was government insured against loss on those loans and the documents James signed were subject to criminal charges if she lied for that reason.

Trump's loans had no government insurance or backing. They were secured by personal property that the bank agreed to use as collateral.

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yes but OVM was the issuer and who put out the money and who collected payments. They lost no money and thus Fannie and Freddie backing them lost no money.

NO VICTIM, NO CRIME.

Signed Terry

Trump's lied to banks and Insurance company costing them the increased interest and insurance premiums due to his fraud. They actually lost money.
 
QP! said:
yes but OVM was the issuer and who put out the money and who collected payments. They lost no money and thus Fannie and Freddie backing them lost no money.

NO VICTIM, NO CRIME.

Signed Terry

Trump's lied to banks and Insurance company costing them the increased interest and insurance premiums due to his fraud. They actually lost money.
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No, the FHFA was the money source lending to OVM who then acted as a middleman for the transaction. James lied on the forms to get a better rate and did so under penalty of law. FHFA and OVM both lost on that to the tune of $18,990 and change. The government was the victim along with OVM in James' case and there is even a verifiable amount of loss associated with the loan.
 
QP! said:
Right.

So give me the proof you have that she did not plan that at first and then change her mind after.

I do not want what you believe and want the proof as court cases over state of mind are rare as they are near impossible to win without proof.
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Simple: :ROFLMAO: She can't have a primary residence outside of New York and still remain the New York AG. She never stepped down from office.
 
QP! said:
yes but OVM was the issuer and who put out the money and who collected payments. They lost no money and thus Fannie and Freddie backing them lost no money.

NO VICTIM, NO CRIME.

Signed Terry

Trump's lied to banks and Insurance company costing them the increased interest and insurance premiums due to his fraud. They actually lost money.
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The bank was due more money that she defrauded them out of. Bank fraud is a federal crime.
 
FastLane said:
He didn't review the tax documents. He only reviewed the mortgage and insurance . I'm sure the DOJ legally obtained the IRS documents. I have heard discussion that she LEGALLY claimed the two homes in Virginia as rental properties to the IRS. Which is the opposite of what she swore to on her mortgage documents which I have seen. Some reporter when to the two homes in question and the people inside defiantly aren't James. The documents have Leticia James signature on them and a notary stamp and she has not contested the authenticity.


This is what Nate the lawyer says:

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You don't declare properties as rentals to the IRS. You file a schedule E to report income. You claimed your source you saw had documents but a schedule E is part of someone's tax return which can not be legally given to the public. You clearly don't know what in the hell you are talking about. The DOJ can't hand out tax documents. They can file them with the court which would make them public but any other way of making them public would likely be a violation of US law.

It doesn't matter who is there now. The rules don't say you can never rent a home you buy as your primary or secondary home. It typically says you can't do long term rentals for the first year of the loan. This raises the question of what is a long term rental and who "rented" it. Let's put this into perspective, you could take out an FHA loan on a home, live in the home and rent out a room to a friend in that first year. This would require you to file a schedule E but would not be a violation of the loan terms.
 
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T. A. Gardner said:
Because it doesn't apply to James' case.

Trump took out loans with a private commercial bank to finance something. That's solely between him and the bank. They came to terms, agreed, and made the loan which Trump paid back. The bank(s) were financial experts and did their own due diligence on the loan along with what Trump provided. It was between two private parties.

James took out mortgages on real estate (homes, etc.) that were government backed. The government relied on the mortgage broker and James' statements on documents as to the purpose of the real estate, credit worthiness, etc. The documents stated right on them that lying or falsifying anything was subject to potential criminal charges. That is, the government, a third party to the loan was relying on the honesty of the person asking for the loan to set the terms of that loan.

The GOVERNMENT found that she lied, repeatedly, on forms to get better terms on the loans she took out. The government has now said that is subject to criminal charges and has charged her for lying on the forms--the ones she knowingly signed under penalty of law.

That's the difference. The government wasn't involved in Trump's loans. James made a third-party case to get Trump, something you don't see in civil lawsuits very often. That is, she claimed, somehow, the government had an interest in a set of loans between private parties where there was no government involvement at the time of the loan.

In her case, the government was involved right from the start. The government clearly informed her that lying could result in criminal charges. She went ahead and lied on the forms anyway. Now the government is charging her for lying and defrauding them of interest and such they otherwise would have collected.

It's interesting to note, that James and her supporters are not claiming she's innocent or that the charges aren't true but rather trying to make the case that the charges are purely political, vindictive, and being pursued to 'get' her.

It's sort of that old saw on how to litigate a case:

If the facts are on your side, argue the facts.
If the law is on your side, argue the law.
If you can't argue the facts or law, then bang your shoe on the table and shout about how the whole proceeding is a sham and show trial.

James is reduced to that third one. She has neither the law or facts on her side and she knows it. Her only recourse is to hope the case is tossed out on partisan political grounds.
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The government didn't find anything. The allege something. You are completely unaware of the actual facts because you are in a cult.
You haven't seen the documents. You are relying on the word of other cult members.
Like all persons in the US, James is innocent until PROVEN guilty.
 
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T. A. Gardner said:
The banks weren't the underwriting party in James' mortgages, the government was. The government relied on James' statements and stated clearly on the forms she knowingly signed that lying was subject to criminal charges.

Trump and the banks he went through were private parties to which the government had ZERO interest or participation.
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That is interesting since the indictment lists the BANK as the party that gave the loan and then lists a second bank which bought the loan at a later date Are you accusing the government of lying about the party that gave the loan?
 
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T. A. Gardner said:
No, the FHFA was the money source lending to OVM who then acted as a middleman for the transaction. James lied on the forms to get a better rate and did so under penalty of law. FHFA and OVM both lost on that to the tune of $18,990 and change. The government was the victim along with OVM in James' case and there is even a verifiable amount of loss associated with the loan.
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No. Trump lied on the forms to get a better rate and did so under the penalty law. The banks and insurance companies on that lost on that to the tune of millions of dollars and change. The banks and insurance companies were the victims in the Trump cases and there is even a verifiable amount of loss associated with his loans which was stipulated in the court cases.
 
FastLane said:
Simple: :ROFLMAO: She can't have a primary residence outside of New York and still remain the New York AG. She never stepped down from office.
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Right but you are not speaking to her intention. Of what she might have been planning.

I need you to provide your evidence on that, as that is key.
 
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