{"id":16750,"date":"2025-10-12T16:39:11","date_gmt":"2025-10-12T16:39:11","guid":{"rendered":"https:\/\/cndailynews.store\/?p=16750"},"modified":"2025-10-12T16:39:11","modified_gmt":"2025-10-12T16:39:11","slug":"new-focus-on-adam-schiff-after-letitia-james-indicted-for-mortgage-fraud","status":"publish","type":"post","link":"https:\/\/cndailynews.store\/?p=16750","title":{"rendered":"New Focus On Adam Schiff After Letitia James Indicted for Mortgage Fraud"},"content":{"rendered":"<div class=\"container fullwidth-featured-area-wrapper\">\n<div class=\"featured-area\">\n<div class=\"featured-area-inner\">\n<figure class=\"single-featured-image\"><img loading=\"lazy\" decoding=\"async\" class=\"attachment-full size-full wp-post-image\" src=\"https:\/\/conservativebrief.com\/wp-content\/uploads\/2025\/04\/Schiff-1.jpg\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" srcset=\"https:\/\/conservativebrief.com\/wp-content\/uploads\/2025\/04\/Schiff-1.jpg 1600w, https:\/\/conservativebrief.com\/wp-content\/uploads\/2025\/04\/Schiff-1-300x164.jpg 300w, https:\/\/conservativebrief.com\/wp-content\/uploads\/2025\/04\/Schiff-1-1024x561.jpg 1024w, https:\/\/conservativebrief.com\/wp-content\/uploads\/2025\/04\/Schiff-1-768x420.jpg 768w, https:\/\/conservativebrief.com\/wp-content\/uploads\/2025\/04\/Schiff-1-1536x841.jpg 1536w\" alt=\"\" width=\"1600\" height=\"876\" data-main-img=\"1\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"content\" class=\"site-content container\">\n<div id=\"main-content-row\" class=\"tie-row main-content-row\">\n<div class=\"main-content tie-col-md-8 tie-col-xs-12\" role=\"main\">\n<article id=\"the-post\" class=\"container-wrapper post-content tie-standard\">\n<div class=\"entry-content entry clearfix\">\n<div class=\"code-block code-block-4\">\n<hr \/>\n<p>This article may contain commentary<br \/>\nwhich reflects the author&#8217;s opinion.<\/p>\n<hr \/>\n<\/div>\n<div class=\"ns-buttons ns-inline large ns-no-print\">\n<div class=\"ns-buttons-wrapper ns-align-center\"><\/div>\n<\/div>\n<p>California Democratic Sen. Adam Schiff is drawing new scrutiny after New York Attorney General Letitia James was indicted on Thursday.<\/p>\n<div class=\"code-block code-block-1\">\n<div id=\"e1c09a52-67a1-44a3-a58e-fc2bf67380c6\" class=\"_ap_apex_ad\"><\/div>\n<\/div>\n<p>James was charged Thursday by a federal grand jury in Virginia on allegations of bank fraud and making false statements to a financial institution, allegations that prosecutors say allowed her to obtain nearly $19,000 in savings on a loan for a second home, according to the Department of Justice.<\/p>\n<p>The indictment was issued in the U.S. District Court for the Eastern District of Virginia, the same court where former FBI Director James Comey was indicted on September 25 on charges of making false statements to Congress and obstruction of justice.<\/p>\n<p>\u201cNo one is above the law. The charges as alleged in this case represent intentional, criminal acts and tremendous breaches of the public\u2019s trust,\u201d US Attorney Lindsey Halligan said in a statement. \u201cThe facts and the law in this case are clear, and we will continue following them to ensure that justice is served.\u201d<\/p>\n<div class=\"code-block code-block-2\">Advertisement<\/div>\n<p>James also responded after the charges were announced.<\/p>\n<p>\u201cThis is nothing more than a continuation of the president\u2019s desperate weaponization of our justice system. He is forcing federal law enforcement agencies to do his bidding, all because I did my job as the New York State Attorney General,\u201d she said.<\/p>\n<div class=\"code-block code-block-7\">Advertisement<\/p>\n<div id=\"as5808\" data-title=\"You Might Also Like\"><\/div>\n<\/div>\n<p>\u201cThese charges are baseless, and the president\u2019s own public statements make clear that his only goal is political retribution at any cost,\u201d she added. \u201cThe president\u2019s actions are a grave violation of our Constitutional order and have drawn sharp criticism from members of both parties.\u201d<\/p>\n<p>In 2018 during her first campaign for attorney general, James ran on a platform to \u2018get\u2019 President Trump. She would later charge him and his company with financial fraud in a civil lawsuit filed in 2022. The suit accused Trump and the Trump Organization of inflating the value of their assets to defraud lenders and insurers.<\/p>\n<div class=\"code-block code-block-10\">Advertisement<\/div>\n<p>Now that James has been charged, all eyes are on Schiff, who has also been criminally referred to the Justice Dept. for alleged mortgage fraud.<\/p>\n<div class=\"twitter-tweet twitter-tweet-rendered\"><iframe id=\"twitter-widget-0\" class=\"\" title=\"X Post\" src=\"https:\/\/platform.twitter.com\/embed\/Tweet.html?dnt=true&amp;embedId=twitter-widget-0&amp;features=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%3D%3D&amp;frame=false&amp;hideCard=false&amp;hideThread=false&amp;id=1976409962613215569&amp;lang=en&amp;origin=https%3A%2F%2Fconservativebrief.com%2Fschiff-james-95807%2F&amp;sessionId=2d7262562a0f0a61c7afccc52ca3c29b75bf6329&amp;theme=light&amp;widgetsVersion=2615f7e52b7e0%3A1702314776716&amp;width=550px\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-tweet-id=\"1976409962613215569\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<p>&nbsp;<\/p>\n<p>The U.S. Attorney\u2019s Office in Maryland is conducting the investigation, which could lead to charges . The development follows reports from a month earlier that the Federal Housing Finance Agency (FHFA) had submitted a criminal referral to the Department of Justice, accusing Schiff of falsifying bank documents and property records on multiple occasions to secure more favorable loan terms, Fox reported.<\/p>\n<p>In a 2011 affidavit, then-Congressman Adam Schiff certified that a property located in Montgomery County, Maryland, was his primary residence.<\/p>\n<p>Schiff also owns a condominium in Burbank, California, which he listed as his primary residence as recently as 2023 while campaigning for the U.S. Senate.<\/p>\n<p>In May, the director of the Federal Housing Finance Agency (FHFA) sent a letter to Attorney General Pam Bondi and Deputy Attorney General Todd Blanche outlining alleged misconduct by Schiff.<\/p>\n<div class=\"code-block code-block-12\">\n<div data-delay=\"4000\" data-block=\"12\">\n<div><\/div>\n<\/div>\n<\/div>\n<p>\u201cBased on media reports, Mr. Adam B. Schiff has, in multiple instances, falsified bank documents and property records to acquire more favorable loan terms, impacting payments from 2003-2019 for a Potomac, Maryland-based property,\u201d FHFA Director William Pulte wrote in the letter.<\/p>\n<p>\u201cAs regulator of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks, we take very seriously allegations of mortgage fraud or other criminal activity. Such misconduct jeopardizes the safety and soundness of FHFA\u2019s regulated entities and the security and stability of the U.S. mortgage market,\u201d Pulte noted further.<\/p>\n<p>Pulte later received a memo from Fannie Mae\u2019s financial crimes investigations unit alleging that Schiff engaged in \u201ca sustained pattern of possible occupancy misrepresentation\u201d involving five Fannie Mae-backed loans.<\/p>\n<p>According to the letter, Schiff and his wife purchased a home in Potomac, Md., in 2003 for $870,000. They secured a Fannie Mae-backed mortgage for $610,000 with a 30-year term at an interest rate of 5.625%, claiming the property would serve as their primary and principal residence.<\/p>\n<p>The letter states that Schiff and his wife repeatedly affirmed the Maryland property as their primary residence in mortgage refinancing documents filed in 2009, 2011, 2012, and 2013\u2014even as Schiff was serving as a congressman from California.<\/p>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>This article may contain commentary which reflects the author&#8217;s opinion. California Democratic Sen. Adam Schiff is drawing new scrutiny after New York Attorney General Letitia James was indicted on Thursday. &hellip; <\/p>\n","protected":false},"author":1,"featured_media":16751,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/cndailynews.store\/index.php?rest_route=\/wp\/v2\/posts\/16750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cndailynews.store\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cndailynews.store\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cndailynews.store\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cndailynews.store\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16750"}],"version-history":[{"count":1,"href":"https:\/\/cndailynews.store\/index.php?rest_route=\/wp\/v2\/posts\/16750\/revisions"}],"predecessor-version":[{"id":16752,"href":"https:\/\/cndailynews.store\/index.php?rest_route=\/wp\/v2\/posts\/16750\/revisions\/16752"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cndailynews.store\/index.php?rest_route=\/wp\/v2\/media\/16751"}],"wp:attachment":[{"href":"https:\/\/cndailynews.store\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cndailynews.store\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cndailynews.store\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}