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.”
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.
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Author: Cole Lauterbach
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