The Trump administration's top mortgage regulator has vowed to "root out frauds and cheats" in the mortgage market after launching a tip line to report deceitful home loan applications.

While this was a long time ago, it raises serious concerns about the validity of Ms. James representations on mortgage applications,” he wrote.

Letitia James calls allegations of fraud against her 'baseless' and says she's always treated her Brooklyn property as a four-unit, owner-occupied residence