Could California’s junior senator, Adam Schiff (D), be in hot water? President Donald Trump clearly believes so, as evidenced by his Truth Social post Tuesday morning:
In the Tuesday morning missive, President Trump begins by noting the issue — Schiff’s apparent effort to claim his Maryland residence as his primary in order to obtain a cheaper mortgage.
I have always suspected Shifty Adam Schiff was a scam artist. And now I learn that Fannie Mae’s Financial Crimes Division have concluded that Adam Schiff has engaged in a sustained pattern of possible Mortgage Fraud. Adam Schiff said that his primary residence was in MARYLAND to get a cheaper mortgage and rip off America, when he must LIVE in CALIFORNIA because he was a Congressman from CALIFORNIA.
Schiff has served in Congress since 2001 and purchased the Maryland home in question in 2003. He and his wife have refinanced the home multiple times since.
RedState first reported on this apparent discrepancy in November 2023 as Schiff was mounting his bid for the Senate following the death of Dianne Feinstein:
The congressman, who was first elected to Congress in 2000, purchased with his wife a Potomac, Maryland, home in 2003 for $610,000, claiming on the mortgage paperwork that this home was their principal residence—even as they were presumably both registered to vote in California and he represented California in Congress.
According to Zillow, the house is now worth more than $1.4 million.
Bish said on the second page of the 2003 financing for the Maryland home, there is a section where the mortgage company checks a box to designate the property as a secondary home–and that box is not checked.
…
Schiff and his wife refinanced the home in 2009, 2010, and 2013; each time, they asserted that the house was their principal residence, she said. “On each one of those mortgages, there’s a clause, Clause 6, that says that you will occupy that home for 12 consecutive months as your primary residence.”
Trump’s Tuesday Truth Social takedown of Schiff continued:
I always knew Adam Schiff was a Crook. The FRAUD began with the refinance of his Maryland property on February 6, 2009, and continued through multiple transactions until the Maryland property was correctly designated 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.
While Schiff was censured by the House of Representatives in 2023 for his role in the Russia collusion hoax, the outcome of any ethics investigation into the mortgage discrepancies remains to be seen.
Will there be a criminal investigation opened up on the matter? That also remains to be seen, but the allegations regarding Schiff’s questionable actions surrounding his residence(s) are somewhat reminiscent of those raised as to New York Attorney General Letitia James. The Federal Housing Finance Agency sent a criminal referral on James to the Department of Justice in April.
