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Trump Urges DOJ to Charge Schiff Over Alleged Mortgage Fraud

His allegations rest on a Fannie Mae memo alongside an FHFA criminal referral awaiting Justice Department action.

WASHINGTON, DC - JANUARY 27: Representatives Adam Schiff (D-NY) (center), the lead Democratic impeachment managers from the House of Representatives, heads back to the Senate floor during the Senate impeachment trial of President Donald Trump on January 27, 2020 in Washington, DC. The defense team continues its arguments on the sixth day of the Senate impeachment trial of President Trump. It has been reported that Senator Pat Toomey has been discussing that a "one-for-one" witness deal be proposed to Senate Democrats after the Presidents legal defense team concludes their opening arguments on Tuesday. (Photo by Samuel Corum/Getty Images) *** Local Caption *** Adam Schiff
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President Donald Trump departing the White House on July 15, 2025 in Washington, DC (L), Democratic Sen. Adam Schiff at the U.S. Capitol on December 10, 2024 in Washington, DC (R). The president has accused the senator of mortgage fraud.
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Overview

  • Over the weekend, Trump posted a November 2011 residency declaration on Truth Social and accused Schiff of defrauding lenders to secure lower mortgage rates.
  • A confidential Fannie Mae memo from its Financial Crimes Division noted a sustained pattern of possible occupancy misrepresentation on Schiff’s loans since 2009.
  • In May, FHFA Director William Pulte sent a criminal referral to the Justice Department alleging Schiff falsified bank documents and property records between 2003 and 2019.
  • Schiff has dismissed the claims as baseless political retaliation and defended dual-state homeownership as a routine practice for members of Congress.
  • The Justice Department continues to review the referrals and has not brought any formal charges against Schiff.