Trump accuses Adam Schiff of mortgage fraud after DOJ criminal referral


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Summary

Criminal referral

The Federal Housing Finance Agency sent a criminal referral to the Justice Department over Sen. Adam Schiff’s property records.

Trump’s words

President Trump alleged on Truth Social that Schiff misrepresented his primary residence to get a cheaper mortgage.

Schiff responds

Schiff calls the investigation “political retribution” and defends his mortgage filings.


Full story

President Donald Trump is calling for Sen. Adam Schiff, D-Calif., to be investigated, accusing the Democrat of “possible mortgage fraud.” The accusation follows a criminal referral from the Federal Housing Finance Agency (FHFA) to the Department of Justice, requesting a deeper investigation into Schiff’s two homes — one in Maryland and one in California.

Trump addressed the matter on Truth Social, writing, “Adam Schiff said that his primary residence was in Maryland to get a cheaper mortgage and rip off America, when he must LIVE in CALIFORNIA because he was a Congressman from CALIFORNIA. I always knew Adam Schiff was a Crook.”

Schiff responds to allegations

Schiff responded to the allegations by calling them “politically motivated.”

“Since I led his first impeachment, Trump has repeatedly called for me to be arrested for treason,” Schiff posted on X. “So in a way, I guess this is a bit of a letdown. And this baseless attempt at political retribution won’t stop me from holding him accountable. Not by a long shot.”

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A Schiff spokesperson also responded to the specific allegations in a statement to The New York Post.

“The lenders who provided the mortgages for both homes were well aware of then-Representative Schiff’s congressional service and of his intended year-round use of both homes, neither of which were vacation homes,” the unnamed source told the Post.

Schiff’s dual residency first spotlighted in 2023

While the DOJ referral is new, questions about Schiff’s housing disclosures first surfaced in 2023, when CNN reported he owned a 3,420-square-foot home in Maryland and a 650-square-foot condo in Burbank, California.

Records show Schiff claimed a homeowner’s tax exemption only on the California condo. Another Schiff spokesperson was asked by CNN in 2023 why both of the properties are listed as primary residences.

“The properties were both claimed as primary residences for loan purposes because they’re both occupied throughout the year and to distinguish them from a vacation property,” spokesperson Marisol Samayoa said.

CNN also spoke with real estate law experts who said Schiff is “likely not in any legal jeopardy.”

Letitia James faces similar allegations

The Federal Housing Finance Agency is an independent government watchdog. Earlier in 2025, the agency filed a similar complaint with the DOJ, accusing New York Attorney General Letitia James, D, of mortgage fraud involving homes in New York and Virginia.

James pursued and won a civil fraud case against Trump in February 2024. James has also called the allegations against her politically motivated.

Cole Lauterbach (Managing Editor), Lawrence Banton (Digital Producer), and Harry Fogle (Video Editor) contributed to this report.
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Why this story matters

A criminal referral to the Justice Department reflects an effort by an independent agency to enforce accountability among public officials, but the referral’s focus on one of President Trump’s chief political opponents is renewing debate over whether such actions are driven by oversight or political retaliation.

Rhetoric escalation

The story highlights escalating personal attacks between political adversaries as President Trump accuses Adam Schiff of mortgage fraud while Schiff dismisses the referral as political retribution tied to his role in Trump’s impeachment.

Lack of evidence

Reports from multiple sources indicate that, as of now, there is no public evidence or formal investigation substantiating claims against Schiff.

Federal agency conduct

The incident brings attention to how federal watchdogs and agencies are being referenced or potentially used in highly political disputes, with references to criminal referrals and the role of the Federal Housing Finance Agency and Fannie Mae.

Get the big picture

Synthesized coverage insights across 23 media outlets

Context corner

A historical context is provided regarding elected officials’ dual residencies. Until the 1990s, it was common for members of Congress to keep families near Washington, D.C., with both Republicans and Democrats sometimes facing scrutiny over primary residence declarations. The broader context involves longstanding animosity between Trump and Schiff since the investigations and impeachment proceedings of Trump’s administration.

Do the math

Schiff reportedly saved $7,000 over several years by taking a homeowner’s exemption on his Burbank, California condo. Fannie Mae and related federal agencies have not released figures regarding potential financial loss or impact tied to Schiff's mortgage documentation. No specific cost to taxpayers or gains for Schiff are substantiated in the sources.

Oppo research

Opponents of Adam Schiff, especially those supportive of Trump, have seized on the mortgage fraud allegation to challenge Schiff’s credibility and ethics, often pairing these claims with references to his role in leading Trump’s first impeachment. Schiff’s own allies frame these allegations as continued efforts by Trump to undermine perceived political enemies.

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Unbiased. Straight Facts.

Don’t just take our word for it.


Certified balanced reporting

According to media bias experts at AllSides

AllSides Certified Balanced May 2025

Transparent and credible

Awarded a perfect reliability rating from NewsGuard

100/100

Welcome back to trustworthy journalism.

Find out more

Bias comparison

  • Media outlets on the left frame Trump’s accusations against Adam Schiff as baseless, politically charged "random attacks," highlighting the absence of evidence and warning of authoritarian rhetoric, thereby adopting a critical, cautionary tone that underscores democratic dangers.
  • Not enough unique coverage from media outlets in the center to provide a bias comparison.
  • Media outlets on the right employ vivid, aggressive language—labeling Schiff a "scam artist" and demanding he "be brought to justice"—to assert definitive guilt and depict him as a corrupt figure exploiting his office, thereby amplifying criminality and moral outrage.

Media landscape

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23 total sources

Key points from the Left

  • President Donald Trump accused Senator Adam Schiff of a "pattern of possible mortgage fraud" related to declaring a Maryland home as his primary residence while representing California in Congress.
  • Trump's allegations imply that Schiff improperly declared his Maryland property to secure better mortgage rates, beginning in February 2009 and ending when it was labeled a second home in October 2020.
  • A spokesperson for Schiff stated that he has claimed both properties as primary residences as they are occupied throughout the year.
  • Senator Schiff has firmly rejected Trump's claims, warning that such rhetoric resembles that of authoritarian leaders and asserting that the former president's attacks will not intimidate him.

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Key points from the Center

  • On Tuesday, July 15, President Donald Trump accused Senator Adam Schiff of a pattern of possible mortgage fraud on Truth Social.
  • Last year, former President Joe Biden used an autopen, while Schiff served on the House January 6th Committee, amid allegations of mortgage fraud and no confirmed investigation.
  • Mortgage records indicate the fraud began with a February 6, 2009 refinancing and continued until October 13, 2020 when Schiff listed his Maryland home as a second residence.
  • President Donald Trump said "mortgage fraud is very serious, and CROOKED Adam Schiff needs to be brought to justice," and no independent confirmation has emerged.
  • Legal experts note that the statute of limitations likely expired, and no convictions have been reported, according to multiple sources.

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  • No coverage from Center sources 0 sources

Key points from the Right

  • President Donald Trump announced that Fannie Mae's Financial Crimes Division has evidence that Senator Adam Schiff may have committed mortgage fraud, including claims about his primary residence.
  • Schiff has claimed his Maryland home as his primary residence since 2003 while also asserting a California condo for tax benefits, drawing scrutiny over possible fraud.
  • Trump referred to Schiff as a "scam artist" and called for his prosecution over alleged mortgage fraud involving a Maryland home.
  • Schiff defended himself by stating that Trump's accusations are a "baseless attempt at political retribution" amid ongoing political conflicts.

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