On Tuesday, former President Donald Trump renewed allegations of mortgage fraud against Senator Adam Schiff (D-Calif.), claiming Schiff falsely listed a Maryland property as his primary residence to secure favorable mortgage terms. Schiff strongly denies the accusations.
Trump posted on Truth Social, calling Schiff a “scam artist” and alleging that Schiff’s Maryland home, bought in 2009 during his time in Congress, was misrepresented to Fannie Mae for better loan rates. He claimed Fannie Mae’s Financial Crimes Division found evidence of fraudulent refinancing through 2020. However, Trump provided no direct evidence and later softened his stance, expressing uncertainty about specifics but insisting Schiff should be “brought to justice.”
Schiff reportedly listed both Maryland and California homes as “primary” residences on various documents, which critics say complicates the fraud claim. Constitutional rules only require a candidate to reside in their state at election time, not continuously.
The allegations originated from Christine Bish, a Republican real estate investigator, who filed an ethics complaint. Schiff’s spokesperson said lenders knew about his congressional duties and dual residences and that he was transparent throughout.
Schiff called the claims politically motivated retaliation, especially given his role in Trump’s first impeachment, dismissing them as baseless and vowing to continue opposing Trump.