DOJ Investigating Sen. Adam Schiff for Alleged Mortgage Fraud

The Department of Justice is investigating Sen. Adam Schiff for alleged mortgage fraud, according to President Trump. Trump claims Schiff defrauded banks, insurance companies, and the federal government, calling it "100% fraud." The investigation's details are not specified, and Schiff has not publicly commented on the allegations.

The Department of Justice (DOJ) is investigating Sen. Adam Schiff (D-Calif.) for alleged mortgage fraud, according to President Donald Trump. The probe, which has not yet resulted in any charges, centers on claims that Schiff falsified property records to secure favorable loans. The investigation is being led by the U.S. Attorney's Office in Maryland, following a referral from the Federal Housing Finance Agency (FHFA) [3].

The allegations stem from Schiff's real estate dealings in Maryland, where he and his wife purchased a home in 2003 for $870,000. The couple secured a $610,000 Fannie Mae-backed loan by certifying the property as their primary residence. However, Schiff was also claiming a separate homeowner's exemption for a condo in Burbank, California, at the same time [3].

The FHFA's referral alleges that Schiff "jeopardizes the safety and soundness of FHFA's regulated entities and the security and stability of the U.S. mortgage market." The agency claims Schiff submitted falsified bank documents and misrepresented property ownership status to obtain favorable mortgage terms [3].

The investigation focuses on a pattern of possible occupancy misrepresentation by Schiff across five separate mortgage loans backed by Fannie Mae. A memo from Fannie Mae's Financial Crimes Investigations Unit reportedly found a "sustained pattern of possible occupancy misrepresentation" [3].

Schiff's office has not publicly commented on the allegations. President Trump, however, has weighed in on the matter, calling Schiff a "scam artist" and claiming that the investigation is "100% fraud." Schiff has not yet responded to the allegations [1].

The investigation's details remain unspecified, and it is unclear when or if charges will be filed. The probe could potentially impact Schiff's Senate bid and his political future [1].

References:
[1] https://economictimes.indiatimes.com/news/international/world-news/senator-adam-schiff-under-federal-probe-for-mortgage-fraud-in-explosive-doj-investigation/videoshow/123139613.cms
[2] https://www.facebook.com/groups/267428837831289/posts/1481710513069776/
[3] https://www.newsmax.com/newsfront/adam-schiff-mortgage-fraud-donald-trump/2025/08/06/id/1221544/