Report Reveals Adam Schiff Could Face
Allegations of Mortgage Fraud
Fox News accused Senator Adam Schiff of mortgage fraud, claiming he listed a Maryland home as his primary residence to get better loan terms while using a California property as his primary residence for taxes. The Federal Housing Finance Agency (FHFA) referred evidence of alleged falsified documents spanning over a decade to the Department of Justice. FHFA Director William Pulte said Schiff “has, in numerous instances, falsified bank documents and property records to secure more advantageous loan terms.”
Schiff’s Defense
Schiff’s office insisted that lenders were fully informed about his living arrangements. They stated, “The lenders who issued the mortgages… were fully aware of then-Representative Schiff’s Congressional duties and of his intended year-round occupancy of both properties.”
Legal Challenges and Opinions
Legal expert Solomon L. Wisenberg noted, “The issue is whether you provided false information… and if they were inaccurate, were they a mistake or deliberate?
