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FHFA Chief Refers Rep. Eric Swalwell to DOJ Over Alleged Mortgage and Tax Fraud

The referral underscores Pulte’s broader push against Trump critics, leaving DOJ’s next step unclear.

Overview

  • FHFA Director Bill Pulte sent a referral to Attorney General Pam Bondi alleging Eric Swalwell made false or misleading statements on loan documents tied to a Washington, D.C., home reportedly listed as his primary residence.
  • According to reports, several million dollars in loans and refinancing were based on the primary‑residence designation, triggering calls to investigate potential mortgage, state and local tax, and insurance fraud.
  • The Justice Department has not confirmed receipt of the referral or any investigation, and the FHFA’s acting inspector general is reviewing the matter.
  • Swalwell denies wrongdoing, calls the move politically motivated, and says he will continue his lawsuit over Jan. 6 and his criticism of the president.
  • Swalwell is the fourth prominent Democrat referred by Pulte, following Letitia James, Adam Schiff and Lisa Cook; only James has been charged so far, as reporting also raises concerns about removed watchdogs and Pulte’s access to mortgage records.