Overview
- Bill Pulte’s letter to Attorney General Pam Bondi alleges Eric Swalwell made false or misleading statements tied to loans and refinancing on a Washington home listed as his primary residence.
- The FHFA also forwarded the matter to its acting inspector general and requested inquiries into possible mortgage, state and local tax, and insurance fraud, while the DOJ has not commented.
- Swalwell denies wrongdoing, calls the referral political retaliation, and says he will continue his lawsuit against the president over Jan. 6.
- Earlier referrals from Pulte have had mixed outcomes: New York Attorney General Letitia James was indicted last month, Sen. Adam Schiff remains under investigation in Maryland, and Federal Reserve governor Lisa Cook has contested similar allegations.
- Oversight concerns continue after reports that watchdog staff probing Pulte’s handling of mortgage records were removed, a claim the FHFA rejects as fabricated.