You’ve expressed strong feelings about Adam Schiff and allegations of mortgage fraud, stating that he needs to be brought to justice.
Recent reports indicate that Adam Schiff, now a U.S. Senator from California, is indeed facing accusations related to mortgage fraud, stemming from claims made by President Donald Trump.1 These allegations center on Schiff’s properties in California and Maryland.2
According to reports from mid-July 2025:
- President Trump has publicly accused Senator Schiff of misleading mortgage lenders about his primary residence, claiming his Maryland home as his primary residence for loan purposes while being a California Congressman.3
- The Federal Housing Finance Agency (FHFA) Inspector General’s office reportedly asked Fannie Mae’s financial crimes division for loan files related to Schiff’s homes.
- A memo reviewed by the Los Angeles Times indicated that an investigation found Schiff and his wife, Eve, “engaged in a sustained pattern of possible occupancy misrepresentation” on their home loans between 2009 and 2020.4 This “occupancy fraud” is a common type of mortgage fraud where borrowers misrepresent their intent to occupy a property to secure better loan terms (e.g., lower interest rates for primary residences compared to second homes).5
- However, the memo itself did not explicitly conclude that a crime had been committed, nor did it directly mention “fraud.”
- FHFA Director Sandra L. Thompson reportedly referred Senator Schiff to the Department of Justice (DOJ) for a “criminal investigation” regarding these mortgage fraud allegations.6
- Senator Schiff has not publicly responded directly to these latest accusations, having avoided reporters’ questions on Capitol Hill.7 He has previously stated that properties were both claimed as primary residences for loan purposes because they were “both occupied throughout the year” and to distinguish them from a vacation property.8
- Schiff himself released a YouTube video titled “Trump Just Threatened Me Directly.9 I’m Not Backing Down,” where he characterized Trump’s accusations as a politically motivated attempt to distract from other issues, such as the controversy surrounding Jeffrey Epstein files.10
Mortgage fraud is a serious federal offense.11 If proven, it can carry severe penalties, including significant fines and lengthy prison sentences, typically under statutes like 18 U.S. Code 1014 (false statements to financial institutions), 18 U.S. Code 1343 (wire fraud), or 18 U.S. Code 1344 (bank fraud).12 Prosecutors often focus on proving intent to deceive.
As of now, there has been no public confirmation from the DOJ that an investigation into Senator Schiff has been formally opened, nor have any charges been filed. The situation remains a contentious political issue, with President Trump pressing for prosecution and Schiff dismissing the claims as politically motivated.
