Adam Schiff's mortgage paperwork problem
A growing scandal surrounding California U.S. Sen. Adam Schiff (D-CA) entered its latest chapter on Tuesday when President Donald Trump warned that he may face stiff consequences for allegedly falsifying paperwork for federal mortgage loans, although the nature of these consequences remains unclear.
Speaking from the Oval Office, the president took aim at his longtime enemy when a reporter asked about his latest salvo at Schiff. A federal housing authority last week turned over the senator’s mortgage paperwork to the U.S. attorney general for a criminal investigation.
“It looks like Adam Schiff really did a bad thing. They have him now. Let’s see what happens. It’s not up to me. I stay out of it purposely. But it’s mortgage loan fraud. It’s a big deal,” Trump told reporters.
The casual response is a far cry from Trump’s first reaction to allegations that Schiff may have misrepresented documents stretching back to his 2009 purchase of a second residence in Maryland. Schiff, at the time, was a member of the U.S. House representing the 29th Congressional District of California and, by law, was required to reside in the state.
In a lengthy social media post last week, Trump referred to his longtime nemesis as a “scam artist.”
“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,” Trump wrote on Truth Social. “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.”
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It looks like Schiff may have perceived some tax advantage in the alleged mortgage fraud allegations. I have seen nothing to indicate that Schiff missed any required payments at this point.
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