Sen. Adam Schiff (D-Calif.), who is facing accusations of mortgage fraud for more than a decade, intensified in a scathing attack by President Trump on Tuesday morning. Schiff disputes the allegations.
To get better rates and terms from the company, which has been in federal conservatorship since the 2008 financial crisis, Trump claimed in a Truth Social post that Schiff was a “scam artist” who got a mortgage for a house in Maryland in 2009 but only listed it as a second home in 2020.
Allegedly, the Financial Crimes Division of Fannie Mae discovered the scam, according to the president. Prior to his January swearing-in as a senator, Schiff had acquired the Maryland property in 2009. The charges were described by Schiff as “baseless.”
Shifty Adam Schiff has always given me the creeps. The Financial Crimes Division of Fannie Mae has determined that Adam Schiff may have engaged in a pattern of mortgage fraud, which is news to me,” Trump stated.
Adam Schiff, a California congressman, claimed to live in Maryland in order to take advantage of Americans by getting a lower mortgage, but in reality, he is required by law to dwell in California. I had a feeling Adam Schiff was up to no good. The deceit started with the refinancing of his Maryland house on February 6, 2009, and it persisted through many transactions until the property was officially recognized as a second home on October 13, 2020.
“Mortgage Fraud is very serious, and CROOKED Adam Schiff (now a Senator) needs to be brought to justice.”
Trump failed to present any proof of the purported deceit.
Later on Tuesday, reporters confronted Trump about the claims, and he seemed to back off on one particular charge.
“I don’t know about the individual charge, if that even happened, but Adam Schiff is a serious lowlife,” remarked the president.
“When you said that you want Adam Schiff brought to justice, what does that mean?” When asked by AWN’s Peter Doocy, Trump responded, “I’d love to see him brought to justice.”
Since Schiff was only required to be a “inhabitant” of California at the time of his election, not throughout his entire tenure in Congress, it was not banned for him to designate the Maryland property as his principal residence.
Just the News discovered in October that Schiff listed two homes—one in Maryland and one in California—as his “principal residence” on several election and mortgage documents spanning from 2003 onwards.
Reportedly, Schiff refinanced his Maryland house three times (in 2009, 2011, and 2013) and designated it as his “principal residence,” while simultaneously designating his Burbank, California apartment as his primary residence in other financing paperwork. Later on, he amended the notes on his mortgage in Maryland to reflect the fact that it was a secondary house.
Christine Bish, a real estate detective from Sacramento who campaigned for Congress as a Republican last year, was the first to notice the trend. While Schiff was a congressman, she lodged an ethics complaint against him.
The remarks, said to Schiff, were Trump’s most recent effort at political vengeance against those he saw as opponents. Schiff also claimed that the remarks would not divert attention from “his Epstein files problem.”
“Since I led his first impeachment, Trump has repeatedly called for me to be arrested for treason,” Schiff said in an X article. I suppose you could say this is disappointing. Even in the face of this politically motivated effort at vengeance, I will not let him off the hook. Absolutely not.
The claims have been disproven, according to a Schiff representative.
“The lenders who provided the mortgages for both homes were well aware of then-Representative Schiff’s Congressional service and of his intended year-round use of both homes, neither of which were vacation homes,” AWN Digital was told by the spokeswoman. “He has always been completely transparent about this.”
Whether or whether the house in Maryland was listed as a main residence was not clarified by the representative. No comment will be made by Fannie Mae on the accusations, the mortgage lender stated.
Since Trump’s inauguration, he and Schiff have had several disagreements.
Schiff was the public face of the congressional investigation into the now-debunked notion that Trump collaborated with Russia to win the 2016 election while serving as ranking member and eventually chairman of the House Intelligence Committee. Despite Mueller’s subsequent statement that his investigation did not prove a criminal conspiracy, Schiff persisted in claiming there was “ample evidence” of cooperation. Schiff was accused by Trump and his Republican associates on many occasions of disclosing sensitive material while the probe was underway.
In Trump’s first impeachment trial, which began with a phone call between the president and Ukrainian president Volodymyr Zelenskyy, Schiff was the chief House impeachment manager. On January 6, Schiff was also a member of the House Select Committee that looked into Trump’s involvement in the Capitol attack. Twice, Schiff cast a vote in favor of impeaching Trump.
