Adam Schiff’s Alleged Mortgage Fraud Under DOJ Scrutiny

Democratic Senator Adam Schiff, a prominent political adversary of President Donald Trump, is facing serious allegations of mortgage fraud. The U.S. Federal Housing Finance Agency (FHFA) has referred Schiff to the Department of Justice for potential criminal prosecution. This referral stems from accusations that Schiff falsified bank documents and property records to secure more favorable loan terms for a property in Potomac, Maryland, spanning from 2003 to 2019.

Details of the Allegations

The FHFA, an independent federal agency overseeing Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System, raised concerns in a letter to the DOJ in May. The letter highlighted multiple instances where Schiff allegedly misrepresented occupancy details to obtain better mortgage conditions. These actions reportedly impacted five Fannie Mae loans, with the agency’s Financial Crimes Division concluding that Schiff engaged in a “sustained pattern of possible occupancy misrepresentation.”

Trump’s Public Accusations Against Schiff

Former President Trump has been vocal about these allegations, taking to Truth Social to express his long-held suspicions about Schiff. Trump accused Schiff of falsely claiming his Maryland property as his primary residence to benefit from lower mortgage rates while maintaining a residence in California, where he served as a Congressman. According to Trump, this alleged fraud began with a refinance in 2009 and continued until the property was correctly designated as a second home in 2020.

Political Context and Historical Tensions

The tension between Trump and Schiff is longstanding, dating back to Trump’s first administration when Schiff played a key role in the impeachment proceedings against him. These recent allegations add another layer to their contentious relationship. The public became aware of these claims in 2023 when it was revealed that Schiff had declared a large Maryland home as his primary residence while benefiting from tax exemptions on a California condo.

Comparisons to Other Political Figures

This investigation into Schiff’s mortgage practices follows similar scrutiny faced by New York Attorney General Letitia James, another political opponent of Trump. In 2025, James was investigated for allegedly falsifying mortgage records related to a Virginia property she claimed as her primary residence despite her legal obligation to reside in New York.

Awaiting Further Developments

Fox News Digital has reached out to Schiff’s office for comments on these allegations but has yet to receive a response. As the investigation unfolds, the implications for Schiff’s political career remain uncertain.