civicstream
Jun 10, 2026

California Democratic Sen. Adam Schiff Learns His Fate After Criminal Referral - 'We Take Very Seriously...

WASHINGTON, D.C. — April 21, 2026

Federal authorities are investigating Sen. Adam Schiff (D-CA) for potential mortgage fraud, according to a criminal referral from the Federal Housing Finance Agency (FHFA) to the Department of Justice.

The referral, first reported earlier this year and detailed in recent coverage, alleges that Schiff misrepresented property records on multiple occasions to obtain more favorable loan terms. The claims center on a home in Potomac, Maryland, purchased in 2003 for $870,000, which Schiff and his wife identified as their primary residence in mortgage applications and refinancing documents filed in 2009, 2011, 2012, and 2013.

 

 

 

 

During the same period, Schiff represented a California congressional district. Public records and media reports also indicate he claimed a homeowner’s tax exemption on a condominium in Burbank, California, listing it as his primary residence, which reduced his property tax by approximately $7,000.

FHFA Director Bill Pulte stated in a letter to Attorney General Pam Bondi and Deputy Attorney General Todd Blanche that the actions may constitute violations of federal criminal statutes, including wire fraud, mail fraud, bank fraud, and making false statements to financial institutions.

 

 

 

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