President Donald Trump demanded on Tuesday that California Democrat Sen. Adam Schiff be “brought to justice” following allegations of mortgage fraud tied to his Maryland property. The statement came after a federal housing agency reportedly referred the matter to the Justice Department for a criminal investigation into Schiff’s real estate dealings.
“I have always suspected Shifty Adam Schiff was a scam artist,” he wrote. “And now I learn that Fannie Mae’s Financial Crimes Division have concluded that Adam Schiff has engaged in a sustained pattern of possible Mortgage Fraud.”
“I always knew Adam Schiff was a Crook,” Trump continued. “Mortgage Fraud is very serious, and CROOKED Adam Schiff (now a Senator) needs to be brought to justice.”
Schiff, of course, denies the allegations.
Since I led his first impeachment, Trump has repeatedly called for me to be arrested for treason.
— Adam Schiff (@SenAdamSchiff) July 15, 2025
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. pic.twitter.com/zC5W2lFF3Z
These aren’t wild allegations plucked from thin air; the evidence is pretty clear.
According to records, Schiff claimed his main residence was a spacious 3,420 square foot home in Maryland, a move that conveniently secured him better mortgage rates — rates designed for people who actually reside in those homes as their principal dwelling. Simultaneously, he grabbed a homeowner’s exemption on a much smaller 650 square foot condo in Burbank, Calif., handing himself a tidy cut of about $7,000 off his tax bill by also insisting that the property was his “primary residence.” Two homes, both allegedly his principal residence, in two different states, reaping benefits from both ends. Is that some kind of bureaucratic miracle? Or a calculated abuse of the system he’s sworn to oversee?
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Schiff’s own paperwork — mortgage forms, exemption claims, and that curious personal check he used to pay California property taxes (listing his Maryland address, no less) — tells a story of someone playing the system with both hands. Adding insult to injury, Schiff only made that personal check payment once, in 2017.
The evidence is serious enough that a senior administration official confirmed to The New York Post that the Federal Housing Finance Agency, responsible for overseeing Fannie Mae, has submitted a criminal referral to the Justice Department, calling for a full investigation.
“It is extremely serious and [Schiff] is not taking it seriously,” the official told the Post. The source added that Schiff had a criminal count for each time he paid his monthly mortgage.
The Federal Housing Finance Agency, under the leadership of Bill Pulte, has remained tight-lipped, declining to comment on the referral involving Schiff. But it was Pulte who, just a few months ago, referred another high-profile Trump adversary, New York Attorney General Letitia James, to the Justice Department over alleged mortgage fraud tied to properties in Brooklyn and Virginia.
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