Three words in Letitia James' mortgage contract doom the fraud case against her

[dpibel]

9. Did you read the entire article?

The bit quoted in the OP is a very small part of a rather long article, which includes:

“The core of the allegations is that James knowingly lied that she was not going to rent,” Adam Levitin, a Georgetown Law professor who specializes in banking and finance law, said after reviewing James’ Second Home Rider. “The problem is there is absolutely no statement ever made by James that she would not rent out the property — the contract language does not prohibit rentals, it prohibits rentals via a third party.”

Eric Forster, a real estate consultant who has served as an expert witness in mortgage fraud cases for nearly 30 years, agreed that the contract does not prohibit renting altogether. Forster offered expert testimony in a similar mortgage fraud case against former Baltimore state’s attorney Marilyn Mosby, a Democrat. “There’s nothing in the Second Home Rider that says that when you’re not using [the home] for vacation that it must be vacant the rest of the time,” he said.
...
“The indictment fails to acknowledge that the Second Home Rider permits rentals with certain conditions nor that this view of the Second Home Rider is fully consistent with Fannie Mae’s own interpretive guidelines on it,” said Benjamin Klubes, a former acting general counsel at the Department of Housing and Urban Development during the Biden administration.

Those appear to me to be people with some fairly high degree of specialized expertise. They appear to disagree with you.