From Newsgroup: alt.law-enforcement

ItAs one thing to weather a storm over carpetbagging. ItAs another
thing entirely when it involves alleged mortgage fraud. Sen. Adam
Schiff (D-CA) was the subject of a criminal referral at the Justice
Department over claims that he allegedly committed mortgage fraud
regarding his primary residence in Maryland (via Fox News):

The director of the U.S. Federal Housing Finance Agency (FHFA) sent
a letter to Attorney General Pam Bondi and Deputy Attorney General
Todd Blanche in May citing alleged misconduct by Schiff, who owns
homes in California and Maryland.

"Based on media reports, Mr. Adam B. Schiff has, in multiple
instances, falsified bank documents and property records to acquire
more favorable loan terms, impacting payments from 2003-2019 for a
Potomac, Maryland-based property," FHFA Director William Pulte
wrote in the letter, which Fox News obtained on Wednesday. "As
regulator of Fannie Mae, Freddie Mac, and the Federal Home Loan
Banks, we take very seriously allegations of mortgage fraud or
other criminal activity. Such misconduct jeopardizes the safety and
soundness of FHFAAs regulated entities and the security and
stability of the U.S. mortgage market."

Schiff and his wife purchased a home in Potomac, Maryland, in 2003
for $870,000, according to the letter. They entered into a Fannie
Mae-backed mortgage agreement for $610,000 at a rate of 5.625% over
a term of 30 years, asserting the property would be their primary
and principal residence.

The letter said they reaffirmed that the Maryland home was their
primary residence in mortgage refinancing filings in 2009, 2011,
2012 and 2013, despite Schiff being an elected official
representing the state of California at the same time.

Fox News obtained a copy of the 2011 affidavit showing Schiff
signed certifying that the Maryland house is his primary residence.

In 2023, the letter notes, a spokesperson for Schiff asserted that
"AdamAs primary residence is Burbank, California, and will remain
so when he wins the Senate seat."

"Primary residence mortgages receive more favorable loan terms,
including lower interest rates, than secondary residence
mortgages," the letter said. "Lenders view secondary residence
mortgages as significantly riskier, as a borrower is more likely to
continue paying off a primary residence mortgage during any
financial hardship. Interest rates on secondary residence mortgages
are typically between 0.25-0.50% higher than their primary
residence counterparts; however, this gap can widen depending on
the lender."

The federal housing official wrote that he believes Schiff's
alleged misconduct could be violations of federal criminal codes
banning wire fraud, mail fraud, bank fraud and false statements to
financial institutions.

Katie wrote about this last week as well. Schiff has claimed both
California and Maryland has his primary residences, despite being a
member of Congress from California. Since 2009, he seems to have
claimed Maryland as his main home, but heAs changing his tune.

Local media never fails, and this video is one that our own Larry
OAConnor says should be clipped and recycled repeatedly. Yes, itAs
the smoking gun that can and should be used against Schiff in a
court of law. We have documents showing his Maryland home as his
primary residence, despite his statement on camera that California
is his primary residence, oalways has been and always will be."


L A R R Y
@LarryOConnor
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Here is Adam Schiff's signed affidavit testifying to his Maryland
home as his PRIMARY RESIDENCE.

And below is my video exposing Schiff, IN HIS OWN WORDS, in 2024,
claiming "PRIMARY RESIDENCE is in California, always has been and
always will be."

#GuiltyAsF @townhallcom

https://pbs.twimg.com/media/GwUrqFuW8AEKz5v?format=jpg&name=360x360


Kevin McMahon
@Kevin__McMahon
.@LarryOConnor found footage in 2024 of Senator Adam Schiff
claiming that his oprimary residence is in California.o

oAlways has been, always will be.o

Schiff is a liar.

https://pbs.twimg.com/amplify_video_thumb/1945567261529387008/img/q FhIgMCg3kHtfPil.jpg

Well, that appears to be a lie, so who else has he spewed this line
to, asked OAConnor. The IRS, the state of Maryland?


Trump War Room

@TrumpWarRoom
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https://pbs.twimg.com/media/GwV7IRPWAAAj3Vc?format=jpg&name=360x360


Dr. Richard Harambe
@Richard_Harambe
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https://pbs.twimg.com/media/GwUkVBuWgAA0VgP?format=jpg&name=360x360


Libs of TikTok
@libsoftiktok
HOLY SHLIT

Trump just called for Adam Schiff to be prosecuted for mortgage
fraud

https://pbs.twimg.com/media/GwUgocGWEAMGJRl?format=jpg&name=240x240

https://townhall.com/tipsheet/mattvespa/2025/07/21/the-curious-case- of-adam-schiffs-residency-n2660665

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