Trump asserted in a Truth Social post that Schiff had lied about his primary residence status in order to obtain better mortgage terms on a home in Maryland
Sen. Adam Schiff, D-Calif., and President Donald Trump rekindled their long-running feud Tuesday morning when Trump leveled serious charges against the California lawmaker, this time for alleged mortgage fraud that dates back more than ten years. The allegations, which focused on Schiff’s residency declarations on mortgage documents, were made in typical Trump fashion: blunt, divisive, and devoid of concrete proof.Trump called Schiff a “scam artist” and demanded justice, while Schiff dismissed the accusations as just another political smear intended to discredit him following his involvement in Trump’s first impeachment. The accusations swiftly took over political headlines.
Are Trump’s Charges a Decade-Long Fraud?
Trump asserted in a Truth Social post that Schiff had lied about his primary residence status in order to obtain better mortgage terms on a home in Maryland. Trump claimed that Schiff maintained a home in California, the state he was elected to represent, but listed the house as a “primary residence” on mortgage documents.Trump claimed that the fraud started when the Maryland property was refinanced in 2009 and continued until it was eventually reclassified as a secondary home in 2020. He wrote, “Adam Schiff said that his primary residence was in MARYLAND to get a cheaper mortgage and rip off America.”
Additionally, without providing concrete proof, Trump claimed that the problem had been identified by Fannie Mae’s Financial Crimes Division. His post claims that the mortgage transactions in question were completed starting in 2009, during Schiff’s time in Congress.
Trump continued, “I always knew Adam Schiff was a Crook.” “Mortgage fraud is extremely dangerous. and CROOKED Adam Schiff, who is currently a senator, must be held accountable.
Was Schiff Violation of the Law? What the Constitution Declares
The allegations center on whether Schiff misrepresented his primary residence in order to violate the terms of his mortgage, but the legal situation is more complex than Trump’s venomous remarks indicate.