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Posted on 07/18/2025 4:42:29 PM PDT by Libloather
Longtime President Donald Trump political foe Democrat California Sen. Adam Schiff was referred to the Department of Justice to face criminal prosecution over alleged mortgage fraud that reportedly stretches back years.
Schiff, who was elected to the Senate in the 2024 election cycle following decades as a House lawmaker, is under scrutiny after the U.S. Federal Housing Finance Agency (FHFA) sent a letter to the Department of Justice in May sounding the alarm that in "multiple instances," Schiff allegedly "falsified bank documents and property records to acquire more favorable loan terms, impacting payments from 2003-2019 for a Potomac, Maryland-based property."
FHFA is an independent federal agency that oversees Fannie Mae, Freddie Mac and the Federal Home Loan Bank System.
This week, Trump publicly lambasted Schiff over the alleged mortgage fraud, while Fannie Mae's financial crimes investigations concluded Monday in a letter to the FHFA that Schiff allegedly engaged in "a sustained pattern of possible occupancy misrepresentation" on five Fannie Mae loans, Fox News Digital previously reported this week.
**SNIP**
Fox News Digital took a look back at the timeline of Schiff's Maryland home, and when the public was first made aware in 2023 of allegations that Schiff claimed a more than 3,000-square-foot home in the suburbs of Washington as his primary residence, while taking a homeowner’s tax exemption on a small condo in his home state of California.
Timeline:
(Excerpt) Read more at foxnews.com ...
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I wonder how many other congresscritters are guilty of the same or very similar things. This could be the start of a nice trend if investigators are thorough.
Explain why these investigations take months and years.
He’s a Dem. He’ll walk.
Is that a statute of limitations on any of this stuff?
Great. Another Blondi moment.
Question: A conditional resident applied and received FHA home loan labeling himself a U.S citizen. Is it fraud 10 years later? What agency do I report?
Answer: This is actually a very complicated question and it is essentially a repeat question. The behavior you describe is chargeable as a forgery. Forgery is an unusual felony in that it has no Statute of Limitations. There are federal crimes implicated also. If there is any active concealment, the statute of limitations is essentially suspended.
https://www.avvo.com/legal-answers/is-there-a-statue-of-limitation-on-mortgage-fraud—2176799.html
Did he also vote in Maryland????
Maybe he can get Letitia James to represent him. She’s an expert on mortgage fraud.
WHICH STATE ISSUES HIM A DRIVER’S LICENSE?
Haven’t heard much about Tish since about May 8. She’s been on the down-low lately.
FBI opens formal criminal probe into New York AG Letitia James over alleged mortgage fraud
p
Most likely.
The banking industry is not a place you want to FAFO!
Last time I saw of her was in an ad on YouTube of her begging for money because "they were coming after her again."
ONLY ARRESTS!!
Does he have cars? Where are they registered? He could have driving around CA with a Maryland plate, which becomes illegal after 6 months I think. I hope this prick serves time.
And over administrations until they can get one to drop it.
“FHFA is an independent federal agency that oversees Fannie Mae, Freddie Mac” a ready to scam agency.
While taking a homeowner’s tax exemption on a small condo in his home state of California.
Schiffty better start giving answers indeed the IRS doesn’t blink when asking the questions.
Brown alert for him.
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