Senator Adam Schiff D-Calif. is under criminal investigation for alleged mortgage fraud.
A Trump administration source told Fox News host Laura Ingraham that the US Attorney’s Office in Maryland was considering pressing charges.
The investigation is reportedly being conducted following a criminal referral from the Federal Housing Finance Agency (FHFA).
Breitbart reports: A federal criminal investigation is underway into Senator Adam Schiff (D-CA) over allegations of mortgage fraud, Fox News reported Tuesday night. The probe is being handled by the U.S. Attorney’s Office in Maryland and follows a criminal referral from the Federal Housing Finance Agency (FHFA) to the Department of Justice.
According to the FHFA referral obtained by Fox News, Schiff allegedly falsified bank documents and property records to obtain more favorable loan terms on multiple occasions. In a letter dated May 2025, FHFA Director William Pulte wrote that Schiff’s conduct “jeopardizes the safety and soundness of FHFA’s regulated entities and the security and stability of the U.S. mortgage market.”
The letter states that Schiff and his wife purchased a home in Potomac, Maryland, in 2003 for $870,000 and secured a Fannie Mae-backed mortgage of $610,000 under the condition that the home would be their primary residence. Despite this certification, Schiff continued to represent California in Congress and claimed a homeowner’s exemption for a separate property in Burbank, California.