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HomeTrump: Fannie Mae suspects Schiff of mortgage fraud

Trump: Fannie Mae suspects Schiff of mortgage fraud

Trump: Fannie Mae suspects Schiff of mortgage fraud

By: Andrew Martinez | Published: 2025-07-15 20:56:00 | Source: www.nationalmortgagenews.com

Sen. Adam Schiff, D-Calif., called the Trump administration’s accusations of mortgage fraud regarding his Maryland property political retaliation.

Al Drago/Bloomberg

Fannie Mae suspects Sen. Adam Schiff, D-Calif., of mortgage fraud. 

President Trump announced the government-sponsored enterprise’s findings in a Truth Social post Tuesday. The scheme allegedly involves a Maryland property Schiff has owned since at least 2009, which he designated as a second home in 2020. 

“Mortgage fraud is very serious, and CROOKED Adam Schiff (now a Senator) needs to be brought to justice,” wrote Trump, referring to the lawmaker, who has been a longtime critic of the president. 

A spokesperson for the Federal Housing Finance Agency, Fannie Mae’s regulator, declined comment Tuesday, but government…

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