But our latest investigation reveals something even more troubling: on multiple occasions, James described the property as a “1-family,” “1–2 family,” or even “1–3 family” dwelling —designations that offer even greater mortgage advantages than the 4-family classification, including lower interest rates, reduced reserve requirements, and easier approval thresholds.
The New York Times reports that a spokesperson for Attorney General James claimed “a rider attached to the mortgage clarified that the building was four units and agreed that she had said so consistently in paperwork.”
