Trump claims Adam Schiff committed mortgage fraud

 July 22, 2025

President Donald Trump has dropped a bombshell accusation against Senator Adam Schiff (D-CA), alleging a scheme of financial deceit that could land the California lawmaker in hot water.

Breitbart reported that Trump took to Truth Social to blast Schiff for allegedly falsifying loan documents, a charge that escalated into claims of mortgage fraud over a property in Maryland.

The drama kicked off last Tuesday when Trump hinted at possible mortgage impropriety by Schiff, setting the stage for a full-blown accusation by Sunday night.

It’s not just a passing jab—Trump’s posts suggest a deep-seated issue that’s been simmering for years. And if true, this could be a serious stain on Schiff’s record.

Trump’s Detailed Allegations Against Schiff Unfold

On Sunday, Trump doubled down in a fiery Truth Social rant, claiming that Schiff misrepresented his primary residence as being in Maryland to snag a lower mortgage rate.

This, Trump argues, is a no-go since Schiff, as a Congressman from California, is required to reside in his home state. Talk about playing fast and loose with the rules—if the allegations stick.

Trump didn’t stop there, pointing to a supposed finding by Fannie Mae’s Financial Crimes Division that Schiff engaged in a consistent pattern of potential mortgage fraud. That’s a hefty claim, one that paints Schiff as more than just careless. It’s the kind of accusation that demands answers, not just a shrug.

The timeline, according to Trump, starts way back with a refinance of Schiff’s Maryland property on February 6, 2009.

He alleges this questionable activity persisted through several transactions over the years. It’s a long game of alleged deceit that only ended when the property was finally listed as a second home on October 13, 2020.

Schiff, for his part, isn’t taking this lying down, firing back in a five-minute YouTube video to call Trump’s accusations utterly without merit.

He’s brushing off the claims as nothing more than political noise. But does that hold water when the specifics are this pointed?

Let’s unpack Trump’s words: “Adam ‘Shifty’ Schiff is in BIG TROUBLE! He falsified Loan Documents.” That’s a direct hit, and while the nickname might be colorful, the underlying charge of document tampering isn’t a laughing matter—especially for a sitting senator.

Trump continued, “Now Shifty should pay the price of prison for a real crime, not one made up by the corrupt accusers!” It’s a bold call for accountability, though one wonders if it’s more about settling old scores than pure justice. Still, fraud isn’t a minor league offense, and the public deserves clarity.

Property Claims Raise Eyebrows on Residency

One of Trump’s sharpest points is the residency discrepancy—claiming Schiff listed Maryland as his primary home for financial gain while serving Californians in Congress.

If proven, that’s not just a paperwork error; it’s a deliberate sidestep of ethical standards. Voters might not take kindly to such a maneuver.

Trump’s posts paint a picture of sustained misconduct, alleging a pattern that spanned over a decade until the property status was corrected. That’s a long time to fly under the radar if the claims hold up. It raises questions about oversight in political circles—shouldn’t this have been caught sooner?

Schiff’s dismissal in his video response might satisfy his base, but it leaves the door open for skeptics who want hard evidence to counter Trump’s timeline. A five-minute clip is hardly a deep dive into refuting such detailed accusations. The senator might need to bring more to the table to quiet this storm.

What’s clear is that this isn’t just political theater—allegations of mortgage fraud carry real weight, especially for someone in Schiff’s position of power.

The idea of a public servant potentially gaming the system for personal gain doesn’t sit well with those who value integrity over partisan games. It’s a gut punch to trust in government.

Trump’s insistence on justice, while perhaps laced with personal grievance, taps into a broader frustration with elites who seem to skirt the rules. If Schiff did misrepresent his residency for a better deal, it’s a slap in the face to hardworking Americans who play by the book. That’s not a progressive or conservative issue—it’s a fairness issue.

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