Trump Exposes Schiff's Alleged Mortgage Fraud, Feds Investigate

Paul Riverbank, 7/21/2025Trump alleges mortgage fraud by Adam Schiff; federal investigation launched amid ongoing political feud.
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The Latest Trump-Schiff Clash: Separating Substance from Political Theater

The political arena witnessed another explosive confrontation this week as Donald Trump launched allegations of mortgage fraud against his longtime adversary, Senator Adam Schiff. As someone who's covered Washington's power struggles for over two decades, I can't help but notice how this latest episode fits into a familiar pattern of post-impeachment political warfare.

Trump's accusations, delivered through his signature Truth Social platform, center on Schiff's property arrangements during his congressional tenure. The crux of the matter? A 2011 document showing Schiff declared a Maryland property as his "principal residence" while serving as a California congressman. At first glance, it might raise eyebrows. But here's where context becomes crucial.

Having reported on Congressional living arrangements for years, I can tell you this dual-residence setup is hardly unusual. Lawmakers routinely maintain homes both in their districts and near Capitol Hill - it's practically a necessity of the job. What's more interesting is the timing and nature of these allegations.

A memo from Fannie Mae investigators to the Federal Housing Finance Agency has added fuel to this political fire. They've noted what they call a "sustained pattern of possible occupancy misrepresentation" by Schiff and his wife. But let's be clear - no wrongdoing has been definitively established.

Schiff's response to all this? Pure political veteran. "Since I led his first impeachment, Trump has repeatedly called for me to be arrested for treason," he posted online, adding with characteristic dry humor, "So in a way, I guess this is a bit of a letdown." His office maintains that lenders were fully aware of his Congressional service and living arrangements.

When Fox News's Peter Doocy pressed Trump about his calls for justice, the former president's response was characteristically terse: "I'd love to see him brought to justice." It's worth noting that this exchange occurred against the backdrop of Trump's own legal challenges - timing that hasn't escaped Washington observers.

The reality is, this controversy speaks to something deeper than mortgage paperwork. It's the latest chapter in a political vendetta that dates back to Schiff's prominent role in Trump's first impeachment. As federal authorities review the mortgage arrangements, the political implications continue to ripple through Washington's power corridors.

From where I sit, this episode perfectly encapsulates our current political moment - where policy disputes and personal grievances have become inextricably intertwined, and yesterday's impeachment managers become tomorrow's targets. Whether these allegations lead anywhere significant remains to be seen, but one thing's certain: in today's Washington, even mortgage documents can become political ammunition.