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FHFA Director Refers Rep. Eric Swalwell to DOJ Over Alleged Mortgage and Tax Misstatements

The move extends Bill Pulte’s series of referrals targeting prominent Democrats over primary-residence claims.

Overview

  • Bill Pulte sent a letter to Attorney General Pam Bondi referring Eric Swalwell for possible false statements tied to his Washington, D.C., home, and the FHFA’s acting inspector general is also reviewing the matter.
  • The referral alleges several million dollars in loans and refinancing were obtained by declaring the D.C. property as a primary residence, raising potential mortgage, insurance, and tax fraud concerns.
  • The Justice Department has not announced any action and offered no comment, and criminal referrals do not automatically lead to investigations or charges.
  • Swalwell denies wrongdoing and calls the move political, while NBC News reports bank documents it reviewed appear to undercut the fraud claims.
  • The case follows earlier referrals of Letitia James, Adam Schiff, and Lisa Cook; James was indicted last month, and the reported probes into Schiff and Cook continue.