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Federal housing official submitted Schiff criminal referral to DOJ over mortgage documents
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Sen. Adam Schiff, D-Calif., has been referred to the Department of Justice for criminal prosecution regarding mortgage documents.
The director of the U.S. Federal Housing Finance Agency (FHFA) sent a letter to Attorney General Pam Bondi and Deputy Attorney General Todd Blanche in May citing alleged misconduct by Schiff, who owns homes in California and Maryland.
“Based on media reports, Mr. Adam B. Schiff has, in multiple instances, falsified bank documents and property records to acquire more favorable loan terms, impacting payments from 2003-2019 for a Potomac, Maryland-based property,” FHFA Director William Pulte wrote in the letter, which Fox News obtained on Wednesday. “As regulator of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks, we take very seriously allegations of mortgage fraud or other criminal activity. Such misconduct jeopardizes the safety and soundness of FHFA’s regulated entities and the security and stability of the U.S. mortgage market.”
On Monday, Pulte received a memo from the Fannie Mae financial crimes investigations concluding that Schiff allegedly engaged in “a sustained pattern of possible occupancy misrepresentation” on five Fannie Mae loans, Fox News has learned.
SCHIFF RESPONDS TO TRUMP ACCUSATIONS, CALLS FOR HIS REMOVAL FROM OFFICE
Adam Schiff was referred to the Department of Justice for criminal prosecution regarding mortgage documents. (Screenshot/HBO)
It is unclear if the Justice Department is pursing action against Schiff at this time, but earlier this week, President Donald Trump did demand his longtime foe be brought to justice for the alleged mortgage fraud scheme.
Fox News Digital reached out to the Justice Department for more information, but they did not immediately respond.
Schiff and his wife purchased a home in Potomac, Maryland, in 2003 for $870,000, according to the letter. They entered into a Fannie Mae-backed mortgage agreement for $610,000 at a rate of 5.625% over a term of 30 years, asserting the property would be their primary and principal residence.
The letter said they reaffirmed that the Maryland home was their primary residence in mortgage refinancing filings in 2009, 2011, 2012 and 2013, despite Schiff being an elected official representing the state of California at the same time.
Fox News obtained a copy of the 2011 affidavit showing Schiff signed certifying that the Maryland house is his primary residence.
Pulte said Schiff and his wife did not list the Maryland home as their secondary residence until 2020.
Over the same time frame, Schiff took a homeowner’s tax exemption on a condo that he owns in Burbank, California, also claiming that home as his primary residence for a $7,000 reduction off of the 1% property tax, Pulte wrote, citing media reports.
In 2023, the letter notes, a spokesperson for Schiff asserted that “Adam’s primary residence is Burbank, California, and will remain so when he wins the Senate seat.”
“Primary residence mortgages receive more favorable loan terms, including lower interest rates, than secondary residence mortgages,” the letter said. “Lenders view secondary residence mortgages as significantly riskier, as a borrower is more likely to continue paying off a primary residence mortgage during any financial hardship. Interest rates on secondary residence mortgages are typically between 0.25-0.50% higher than their primary residence counterparts; however, this gap can widen depending on the lender.”
TRUMP ACCUSES ‘SCAM ARTIST’ SCHIFF OF LYING ABOUT MARYLAND HOME TO COMMIT MORTGAGE FRAUD
The federal housing official wrote that he believes Schiff’s alleged misconduct could be violations of federal criminal codes banning wire fraud, mail fraud, bank fraud and false statements to financial institutions.
Schiff “appears to have falsified records in order to receive favorable loan terms, and also appears to have been aware of the financial benefits of a primary residence mortgage when compared to a secondary residence mortgage,” Pulte wrote.
According to the letter, a spokesperson for Schiff in 2023 told CNN that, “Adam’s California and Maryland addresses have been listed as primary residences for loan purposes because they are both occupied throughout the year and to distinguish them from a vacation property.”
Last year, the letter notes, a federal jury convicted Marilyn Mosby of making false statements on a mortgage application for a Florida condominium when she was the Baltimore City state’s attorney.
The letter also cited how a St. Louis man pleaded guilty last month to fraudulently obtaining home mortgages “after the hard work of our agency’s IG and the DOJ.”
“There are unfortunately too many examples of individuals who commit fraud or mortgage fraud,” Pulte wrote. “As always, we look forward to cooperating with the Department of Justice to support any actions that the Department of Justice finds appropriate. U.S. Federal Housing FHFA appreciates the Department of Justice’s support in ensuring the protection of American homebuyers and taxpayers from mortgage fraud and other financial misconduct.”
Trump took to social media on Tuesday demanding Schiff be held accountable.
“I have always suspected Shifty Adam Schiff was a scam artist. And now I learn that Fannie Mae’s Financial Crimes Division have concluded that Adam Schiff has engaged in a sustained pattern of possible Mortgage Fraud,” Trump wrote in part on TRUTH Social. “Mortgage Fraud is very serious, and CROOKED Adam Schiff (now a Senator) needs to be brought to justice.”
Sen. Adam Schiff, D-Calif., in the U.S. Capitol on Tuesday, May 6, 2025. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
Schiff, a congressman until his 2024 election to the upper chamber, spearheaded the House Intelligence Committee impeachment inquiry into Trump for requesting that Ukraine investigate Joe Biden, whose son Hunter held a lucrative gig at a Ukrainian natural gas company during his vice presidency. Schiff also issued multiple subpoenas and held multiple hearings alleging Trump “colluded” with Russia.
Schiff released a video statement Tuesday reacting to the mortgage fraud claims, saying Trump has long threatened to prosecute him.
“He’s accused me of treason, he’s also accused me of leaking classified information, he’s accused me of fraud, it’s been basically one thing after another, all baseless, all without merit,” Schiff said. “It’s nothing new – but his attacks on the rule of law are more dangerous than ever.”
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Utah mom in upscale ski community killed husband to fund romance and lavish lifestyle, DA says
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Text messages about marriage, money and a “fresh start” took center stage in the murder trial of Utah author Kouri Richins, as prosecutors laid out what they say was her plan to move on from her husband and profit from his death.
Richins, 35, is charged with aggravated murder, attempted aggravated murder and multiple financial crimes in the March 3, 2022, death of her husband, Eric Richins. Prosecutors allege she poisoned him with a fentanyl-laced Moscow mule so she could collect life insurance money and begin a new life with her boyfriend. She has pleaded not guilty.
During opening statements, Summit County Deputy Attorney Brad Bloodworth read aloud a series of text messages he said were exchanged between Richins and a man identified in court as her boyfriend.
In one message sent the day before Eric’s death, Richins allegedly wrote: “If I was divorced right now and asked you to marry me tomorrow, you would?”
Internet searches recovered from the phone of Kouri Richins, a Utah mother accused of fatally poisoning her husband, are displayed on a screen during her murder trial at the Summit County Courthouse in Park City, Utah, Monday, Feb. 23, 2026. (Spenser Heaps/AP Photo, Pool)
Weeks earlier, prosecutors said she sent another message: “If he could just go away, and you could just be there, life would be so perfect.”
Jurors also heard that 16 days after Eric’s death, Richins allegedly sent her boyfriend a link to a Caribbean resort and wrote, “Are we there yet?” About a month after the death, prosecutors said she texted him, “I think I want you to be my husband one day.”
Bloodworth argued the messages reveal Richins’ desire to start over and pointed to what he described as mounting financial pressure.
According to prosecutors, Richins was facing substantial debt and believed she would inherit millions from Eric’s estate if he died. Bloodworth told jurors a prenuptial agreement would have limited what she received in the event of a divorce.
CHILDREN’S BOOK AUTHOR KOURI RICHINS SAYS SCANDAL AND NOTORIETY POISONED HER MURDER TRIAL
Body camera video is displayed on a screen during the murder trial of Kouri Richins at the Summit County Courthouse, in Park City, Utah, Monday, Feb. 23, 2026. (Spenser Heaps/AP Photo, Pool)
“Kouri Richins murdered Eric for his money and to get a fresh start at life,” Bloodworth said in court.
Prosecutors also highlighted phone activity from the early morning hours of March 4, 2022.
Bloodworth told jurors Richins first accessed her phone at 3:06 a.m. but did not call 911 until 3:21 a.m.
The state further referenced internet searches conducted after Eric’s death, including: “Can cops uncover deleted messages iPhone?”
Jurors were also told that three money-themed memes — including one that read “I’m rich!” — were accessed on Richins’ phone the morning Eric died.
Prosecutors allege the killing was tied to life insurance proceeds.
HOUSEKEEPER EXPECTED TO PLAY KEY ROLE IN TRIAL OF WIFE ACCUSED OF HUSBAND’S MURDER IN WEALTHY SKI TOWN
Defense attorney Kathy Nester shows the jury an image of a pill bottle while delivering her opening statement in Kouri Richins’ murder trial, Monday, Feb. 23, 2026. (Spenser Heaps/AP Photo, Pool)
Court documents state Richins purchased multiple life insurance policies totaling nearly $2 million and later changed the beneficiary designation to herself without Eric Richins’ authorization. Authorities say Eric discovered the change and switched the beneficiary back to his business partner.
Investigators also allege Richins intended to use insurance money to complete and flip a roughly $2 million Wasatch County mansion, an investment Eric’s family has said he did not approve of.
Defense attorney Kathryn Nester told jurors Eric struggled with chronic pain and substance use and died from an accidental overdose. In pretrial filings, Richins’ legal team has argued that a key prosecution witness changed their story and that the evidence against her is largely circumstantial.
“No family ever wants to believe that behind closed doors someone you loved is using drugs,” Nester said during opening statements.
The defense played Richins’ 911 call in court, in which she can be heard crying and telling a dispatcher her husband was not breathing.
“Those are the sounds of a wife becoming a widow,” Nester told jurors.
The third day of testimony ended unexpectedly after roughly an hour on the stand from the state’s lead crime scene technician.
Kouri Richins looks on during her murder trial at the Summit County Courthouse, Monday, Feb. 23, 2026. (Spenser Heaps/AP Photo, Pool)
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Chelsea Gipson, the CSI technician who processed the Richins home, faced cross-examination focused on the evidence she collected, including prescription medications removed from the scene and whether she observed alcohol or THC gummies inside the residence. Gipson acknowledged the hydrocodone bottle recovered from the home was not tested for fentanyl and testified that no drug paraphernalia was found.
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Defense attorneys also questioned how certain areas were documented, noting that no photographs were taken of the kitchen, sink or closet during the initial processing of the scene.
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Kathy Nester walks back to her seat during the trial at the Summit County Courthouse, Monday, Feb. 23, 2026. (Spenser Heaps/AP Photo, Pool)
Judge Richard Mrazik called a recess around 9:30 a.m., citing a scheduling conflict. When court resumed shortly after 10:30 a.m., he dismissed jurors for the day, referencing “unforeseen emergency circumstances unrelated to the case.”
On Thursday, Kouri Richins’ housekeeper testified that she bought pain pills for her after repeated requests in early 2022. Carmen Lauber said Richins asked in early February 2022 for pain meds for an “investor,” took the pills and deleted their texts, and later left $1,000 at her Midway home for Lauber to pick up for another purchase.
Lauber also said she helped Kouri Richins obtain increasingly stronger drugs. She said she first sought out strong painkillers through a friend after Kouri Richins allegedly said her “investor” wanted something stronger, calling it the “Michael Jackson stuff.”
Lauber’s testimony followed a state toxicologist’s testimony acknowledging that Eric Richins could have taken fentanyl before having a drink, potentially undercutting prosecutors’ claim that Kouri Richins laced his Moscow mule.
Richins was arrested in May 2023. The case later drew national attention after she published a children’s book about grief following her husband’s death.
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The trial is expected to continue for several more weeks.
The Associated Press contributed to this report.
Stepheny Price covers crime, including missing persons, homicides and migrant crime. Send story tips to stepheny.price@fox.com.
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San Francisco, CA
Iran conflict disrupts flights out of SFO
Denver, CO
Denver rally shows divided feelings over U.S.-Israel action against Iran
DENVER — More than 24 hours after the United States and Israel attacked Iran, Coloradans are continuing to express their feelings about what the attack means not only for the world, but here in our state.
For the second straight day, Coloradans expressed their opinions on the steps of the state Capitol about the attack by the US and Israel on Iran.
But instead of anger, as was the case on Saturday, the tone on Sunday was more cheerful.
“Today it’s a celebration about like getting our freedom back, and we would love to have people to be happy with us,” said Forzun Yalme, who helped organize the event with Free Iran Colorado.
For some Iranian-Americans, the news of the attack brings a new sense of hope that freedom is near.
“For me to be Iranian-American, in 47 years here, I learned about democracy and human rights and what I like,” detailed Amir Tosh, another member of Free Iran Colorado. “I want to transfer what your values are for democracy, human rights, freedom to my country, my motherland.”
Denver rally shows divided feelings over U.S.-Israel action against Iran
“My uncle and grandma, grandparents, they were all so happy about what happened, because we can, like, now feel the freedom,” explained Yalme.
But some Iranian-Americans are more cautious.
Colorado’s only Iranian-American state representative, Yara Zokaie, doubts the operation will have a significant impact to Iran’s leadership.
“I’m sympathetic to people who want regime change by any means necessary, but I think we also need to stop and realize what this actually means,” said Zokaie. “Regime change is not something that can happen in one airstrike.”
Zokaie admits she herself was elated to hear Iran’s supreme leader and other top officials were killed in the attack.
But she hopes Coloradans remember the innocent people who have already been killed and those who are more likely to come.
“I ask that we remember the humanity of people in the Middle East as this news unfolds. I ask that we call for a peaceful resolution that we empower Iranian people who will bring change from within, and that we call for no war with Iran,” said Zokaie.
Several people at today’s event at the Capitol approached our Denver7 team. They shared their gratitude for President Donald Trump, the US military, and the Israelis for their action in helping bring freedom to Iran.
They hope others will see that as well. They plan on being here for the next hour and a half or so.
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