XPost: ca.politics, alt.politics.republicans, sac.politics
XPost: alt.society.liberalism

As we reported, the Federal Housing Finance Agency, which oversees
Fannie Mae, sent a criminal referral to the Justice Department
requesting further investigation of Sen. Adam Schiff (D-CA).

The director of the U.S. Federal Housing Finance Agency (FHFA) sent
a letter to Attorney General Pam Bondi and Deputy Attorney General
Todd Blanche in May citing alleged misconduct by Schiff, who owns
homes in California and Maryland.

"Based 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," FHFA Director William Pulte
wrote in the letter, which Fox News obtained on Wednesday. "As
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’s regulated entities and the security and
stability of the U.S. mortgage market."

On Monday, Pulte received a memo from the Fannie Mae financial
crimes investigations concluding that Schiff allegedly engaged in
"a sustained pattern of possible occupancy misrepresentation" on
five Fannie Mae loans, Fox News has learned.

As I said on Tuesday, these allegations could spell real trouble
for Schiff. We should note that at this point these are still only
allegations.

READ MORE: Hoo Boy: Schiff Mortgage Story Heats Up Big Time With
Report of Criminal Referral

Awful Schiffty: Trump Raises Questions About Adam Schiff and
Mortgage Fraud

Schiff is now officially freaking out. He posted an almost five-
minute video on X, attacking President Donald Trump for saying
things about him. Funny that, given that Schiff was the guy who
kept claiming he had "Russia collusion" evidence.

This is all kinds of projection. He rails against that people might
have to go to the trouble of defending themselves. Seriously? You
mean like President Trump had to? But if you want to skip ahead to
around 3:00, he mischaracterizes what the allegation is, saying
Trump is attacking him for having two homes.

Of course, that's not the problem, and it isn't something that
Trump has made up. It's an issue that has been reported on for some
time. Notice he doesn't mention the criminal referral because that
would upset the narrative he's pushing about Trump. Virtually every
response on X was anti-Schiff. I don't know who he was hoping to
convince with his rant, but it didn't look like he was convincing
anyone.

People had a lot of fun posting "No one is above the law" at Schiff.

Schiff also ducked questions when asked about the allegations by a
Fox reporter.

The Fox News Digital reporter later asked Schiff, "Why did you
decide to make your primary residence Maryland for ten years, for a
decade, not California? Any comment on Trump accusing you of
committing mortgage fraud, sir? Any response?"

Schiff ignored the questions, simply responding, "Have a nice day."

I think we're seeing something more than a strongly worded letter
going on here. We'll keep informed about any DOJ action on the
question.

https://redstate.com/nick-arama/2025/07/16/adam-schiff-video-about- allegations-n2191730
 

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