Adam Schitt Accused Of Mortgage Fraud

President Donald Trump launched a blistering attack on Sen. Adam Schiff, D-Calif., Tuesday morning, amplifying 2024 claims that Schiff committed mortgage fraud by lying about his primary residence for over a decade, which the senator denies. Trump, in a Truth Social post, labeled Schiff a "scam artist" and claimed he obtained a mortgage for a residence in Maryland in 2009 but only designated it as a second home in 2020 as part of a ruse to snag better rates and terms from the company, which has been in federal conservatorship since the 2008 financial crisis. The president said Fannie Mae's Financial Crimes Division had uncovered the alleged fraud. Schiff obtained the Maryland property in 2009 while he was a congressman and became a senator in January. Schiff called the accusations "baseless."

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