Adam Schiff, one of the loudest critics of President Trump and a key player in the first impeachment, is now facing serious accusations of mortgage fraud.
According to a report from The Washington Post on July 16, 2025, a confidential Fannie Mae memo flagged Schiff for possibly misrepresenting where he lived when applying for five home loans.
That’s a big deal – lying about where you live on mortgage paperwork can mean you’re cheating the system to get lower interest rates.
LFG!! “Adam Shifty Schiff is in BIG TROUBLE” pic.twitter.com/81VmcPYfxu
— Gunther Eagleman™ (@GuntherEagleman) July 21, 2025
The memo didn’t say Schiff was officially guilty, but it did point to a “sustained pattern of possible occupancy misrepresentation.”
In plain terms, it looks like Schiff may have told lenders he lived in one place while actually living somewhere else, which is against the rules if you’re getting a loan meant for a primary residence.
Trump Calls Him Out
Trump accused Schiff of mortgage fraud and said he should be prosecuted. This fired up a lot of conservatives who feel like Schiff, after years of attacking Trump, is finally getting a taste of his own medicine.
A Pattern?
Back in May, New York Attorney General Letitia James was also reported to be under federal investigation for her own mortgage paperwork.
Conservatives argue that these cases reveal a pattern of corruption among top Democrats who play by a different set of rules.
While critics call this political revenge, conservatives say it’s long overdue accountability. After all, if a regular person lied on a mortgage form, they’d face serious legal trouble. Why should a senator be any different?
Why It Matters
Mortgage fraud might sound like boring paperwork stuff, but it adds up.
According to a 2021 FBI report, mortgage fraud costs the country about $1.5 billion a year, with over 12,000 cases investigated annually.
One of the most common types? Lying about where you live to get better loan terms; exactly what Schiff is being accused of.
The Fannie Mae memo reportedly covers loan applications going back over a decade, from 2009 to 2020.
That’s not just one mistake. That’s a long pattern.
No Denial, No Comment
As of early Monday morning, July 21, neither Schiff nor the Department of Justice had made any public statements.
That silence hasn’t gone unnoticed. Conservative voices on social media say if Schiff were innocent, he’d speak up.
Critics Push Back
Some on the left say this is just Trump trying to punish his enemies. Former U.S. attorney Barbara McQuade told The Post that the investigations into Schiff and Letitia James could look like political payback.
But conservatives argue that the investigations were started by internal reviews at Fannie Mae and the DOJ’s financial crimes unit, not by Trump himself.
What’s Next?
With a criminal referral reportedly sent to the DOJ, the pressure is on. Conservative groups are already calling on Senate leaders to censure Schiff, and many on social media say anything less than prosecution would prove the system is rigged.
Until Schiff or the DOJ responds, this story isn’t going anywhere.
Stay tuned. This could be just the beginning.
This article was written with the assistance of AI. Please verify information and consult additional sources as needed.
