Posted on 07/17/2025 3:54:27 PM PDT by NoLibZone
In a shocking new development, President Donald Trump’s longtime political adversary, Democrat Sen. Adam Schiff (D-CA), is facing criminal prosecution after a bombshell referral from the U.S. Federal Housing Finance Agency (FHFA) over alleged mortgage fraud spanning years.
The FHFA has formally alerted the Department of Justice (DOJ) of the evidence, triggering an investigation into Schiff’s actions following a series of mortgage-related allegations.
Schiff, who was elected to the Senate in 2024 after years of serving as a House lawmaker, is under intense scrutiny after Trump announced the charges earlier this week.
It was revealed that between 2003 and 2019, Schiff may have falsified documents related to his Maryland-based property to secure more favorable loan terms.
The property in question is located in Potomac, Maryland, just outside Washington, D.C.
According to the FHFA’s referral, Schiff allegedly manipulated bank documents and property records, a clear violation of federal housing rules.
The details of the case are particularly troubling.
Fannie Mae’s financial crimes investigations concluded earlier this week, revealing that Schiff may have engaged in “a sustained pattern of possible occupancy misrepresentation” across five loans.
This suggests that Schiff intentionally misrepresented his primary residence status in order to secure lower mortgage rates, potentially defrauding taxpayers and benefiting from millions in unearned financial advantages.
Trump, never one to shy away from calling out his political foes, wasted no time in blasting “scam artist” Schiff over the allegations.
On Truth Social, Trump posted, “I have always suspected Shifty Adam Schiff was a scam artist.
“And now I learn that Fannie Mae’s Financial Crimes Division has concluded that Adam Schiff has engaged in a sustained pattern of possible Mortgage Fraud.”
Trump went on to highlight the gravity of Schiff’s alleged actions, stating:
“Adam Schiff said that his primary residence was in MARYLAND to get a cheaper mortgage and rip off America, when he must LIVE in CALIFORNIA because he was a Congressman from CALIFORNIA.
1”This is stupid. He either did it or he didn’t. Charge him and let him fight it in court. If he didn’t do it then they need to quit lying to us to spin us up.”
Duh, they just got the referral ...
And you can only homestead one residence!
ONE REPORT: HIS CALIF RESIDENCE IS ONE BEDROOM APARTMENT-—HE HAS WIFE/KIDS.
HE ALSO TOOK TAX ADVANTAGES ON THAT CALIF RESIDENCE.
HE USED MARYLAND AS HIS RESIDENCE ADDRESS TO GET FAVORABLE MORTGAGE RATES.
OTHERWISE, IT WOULD HAVE BEEN CONSIDERED A 2ND HOME AND HIGHER RATES
HE LIED -—FOR A VERY LONG TIME
GOOD QUESTION
WHERE DOES HE LEGALLY VOTE FROM???
OR DOES HE VOTE IN BOTH PLACES????
I HOPE YOU ARE WRONG
HAS BEEN GOING ON SINCE 2003
YUPPERS
Interest rates for a 2nd home are same as the as primary residence rates,
He didn’t need to lie about anything .
Investment property is where rates are higher
“ If Shifty has declared his primary residence is in California to get elected Senator and also declared his primary residence in in Maryland to get a better mortgage rate, he has committed fraud.”
That’s likely what happened.
The loan officer would have signed off on it as well
😆😆😆😆😆😆😝
Sadly, Most of them will be too old to prosecute.
😆
Prosecute every single loan application, loan, and loan payment as a separate felony.
Maybe Schiff will be jailed with ED Buck his old sleep over buddy from California.
Bush was an incompetent POS. All of you who purport to hate Trump should divest yourselves and leave this country. Trump has done more for the average American in 6 months than ALL of the self-serving DEMONRATS. That goes for the RINOS too.
Really Ben Linus from Lost. The similarities, both physical and personal, are uncanny.
Suuuuure, Just like the Letitia James mortgage fraud story just kind of went silent a few weeks ago. She’s guilty as h-— for mortgage fraud. Even listed her father as her husband on a mortgage application. Fani Willis is guilty of her own issues and that story went silent too.
Ed Buck? What? A little serial killing never hurt anyone. Just a hobby.
they never get punished, they never serve any time, and they get to keep the money they stole
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