Let’s walk through what might be the most stunning piece of news we’ve heard all year.
According to several federal sources, Fannie Mae’s financial crimes division has determined that Adam Schiff engaged in what they’re calling a “sustained pattern of possible mortgage fraud.” This isn’t chatter from cable news panels. This is a formal conclusion from the top dogs in mortgage compliance.
In February 2009, Schiff refinanced his property in Maryland. But this time, he listed it as his primary residence. That’s odd, because he was a sitting congressman from California. And that small detail about “primary residence” matters. Why? Because it means better mortgage rates. He’s being accused of falsely designating that property to get financial perks. And then he kept that status in place for more than a decade. And that, my friends, is a crime.
Then, in October 2020, under growing scrutiny, he finally reclassified the Maryland home as a second residence. So what changed? The heat. That’s it.
And it keeps getting worse.
At the same time, he was claiming his Maryland house as a primary residence to score those lower mortgage rates, he was also claiming his California condo as a primary residence for tax purposes. That’s a pretty shady scheme. A dual residence scam. It lets you double-dip. You get the best of both worlds: a cheap mortgage in one state, and low property taxes in another.
VISIT OUR YOUTUBE CHANNELAccording to the New York Post, the Federal Housing Finance Agency wasn’t amused. They submitted an official criminal referral to the Justice Department. Trump chimed in, too, saying Schiff should face criminal charges for every single mortgage payment made “under false pretenses.”
When talking about it, Trump said Schiff is “one of the lowest of the low.”
WATCH:
In a post on Truth Social, the president pointed out that Fannie Mae’s financial crimes division confirmed the mortgage issue goes all the way back to 2009, only getting fixed in 2020.
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FBI Director Kash Patel has confirmed that the bureau is now looking into New York Attorney General Letitia James for almost identical allegations. The same federal housing agency has referred her for criminal prosecution, accusing her of falsifying mortgage documents for better loan terms.
Records show she signed a mortgage document in Norfolk, Virginia, claiming the home would be her permanent residence—apparently to lock in a better rate.
That’s a problem. New York law requires elected officials to actually live in the state. Under that rule, James should’ve been removed from office right then. But don’t expect any action. In a state run entirely by Democrats, accountability doesn’t seem to apply when it’s one of their own. And she would still have to deal with mortgage fraud charges stemming from her actions in Virginia.
She’s also accused of fudging the details on a Brooklyn property, listing it as a four-unit building when it was actually five, all so she could get better financing.
And the weirdest accusation of all? James and her father are alleged to have signed mortgage papers back in 1983, claiming to be husband and wife! Her father. Husband and wife. That’s the level of criminality we’re dealing with here.
Remember, James used lawfare to go after Donald Trump for real estate fraud, except everything she threw at him was fake. And in this case, there are mortgage documents with Letitia James’s signature on them.
And the legacy media? Nowhere to be found. These accusations against Schiff and James have been swirling for years. And still—nothing. Just silence. Deafening silence.
Letitia James built her brand on going after Trump for real estate fraud. Schiff made a name for himself by pushing impeachment and screaming about Trump’s business conduct. And now? They’re both under federal investigation for the exact same thing they accused him of.
These are the same folks who stood on podiums and said “no one is above the law.” And now the law is finally catching up to them.
This isn’t some slap on the wrist. The penalties here are brutal. Mortgage fraud can bring up to 30 years in prison and a million dollars in fines. And the data shows most people convicted of this get jail time. We’re talking average sentences between 22 and 28 months.
So, of course, Schiff and James are now playing the victim card. Saying this is political payback. They claim it’s Trump’s revenge. People only want to get revenge when they have been wronged, so is this an unwitting admission of guilt? But let’s get serious. These aren’t Trump’s investigations. These are federal prosecutors. These are longtime FBI agents. These are housing finance regulators. The same types of people Schiff and James used to try and take down Trump. Now those very same people are the ones uncovering probable cause to pursue criminal charges against James and Schiff.
But more than that, this marks a shift in how the system works. For years, Democrats turned the legal system into a weapon. Trump was their target. Now the game has changed. The law is being applied fairly. The rules are being enforced on everyone.
This is no longer just about Schiff or James. It’s about something bigger. It’s about fixing a system that let partisans hide behind the law while using it to punish their enemies.
If you twist the law to take down your opponents, don’t be shocked when the same law turns its sights on you.
This story isn’t even close to finished. The FBI is still unearthing details. Grand juries are still active. And the evidence keeps pouring in—day after day.
So, what’s the message here? That people like Schiff and James aren’t above the law while possibly committing real crimes while they accuse Trump and others of phony, made-up crimes. And Trump? He’s just trying to call them out.
#schifffraud #letitiajamesexposed #trumpwasright
