Trump Accuses Senator Schiff of Long-Term Mortgage Fraud Pattern

President Donald Trump accused California Senator Adam Schiff of engaging in a sustained pattern of possible mortgage fraud, based on information he claims to have received from Fannie Mae’s Financial Crimes Division. Trump alleges that Schiff falsely designated a Maryland home as his primary residence to obtain a cheaper mortgage rate, despite representing California in Congress and living there. The alleged fraud reportedly began with a 2009 refinancing and continued through multiple transactions until the property was designated as a second home in 2020. Schiff has maintained residences in both Maryland, where his family lives and his children attend school, and California, which he represented for many years. Trump called for Schiff to be prosecuted, describing him as a crook and scam artist, while noting that mortgage fraud is a serious offense. No public statement has been issued by Fannie Mae regarding these allegations.