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

The Justice Department has not indicated whether it will pursue the case.

Overview

  • FHFA Director Bill Pulte sent a letter to Attorney General Pam Bondi alleging Rep. Eric Swalwell made false or misleading statements on loan documents tied to a $1.2 million Washington, D.C., home.
  • The referral focuses on several million dollars in loans and refinancing obtained after declaring the D.C. property a primary residence and seeks probes into mortgage, state and local tax, and insurance fraud.
  • The matter was also forwarded to the FHFA’s acting inspector general, while the Justice Department declined to comment and has not confirmed any investigation.
  • Swalwell denied wrongdoing, called the referral politically motivated, and said he will continue his lawsuit against President Trump.
  • Pulte has made similar referrals involving Letitia James, Adam Schiff, and Lisa Cook; only James has been indicted as broader disputes over FHFA record access linger and are contested by the agency.