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Sen Adam Shif, D-Calif., Horticulture documents have been sent to the Department of Justice for Criminal Prosecution.
The Director of the US Federal Housing Finance Agency (FHFA) sent a letter to Attorney General Palm Bandy and Deputy Attorney General Todd Blanch in May, citing alleged misconduct by Shif, which is owned by houses in California and Maryland.
FHFA Director William Pulte wrote in the letter, “Based on media reports, Mr. Adam B. Shif said in several examples, to acquire more favorable loan conditions of bank documents and property, while impressing a Potomac from 2003-2019, said,” FHFA Director William Pelt wrote in the letter. “Fanny Mae, as a regulator of Freddy Mac and Federal Home Loan Banks, we charge very seriously of hostage fraud or other criminal activity. Such misconduct threatens the safety and stability of the FHFA’s regulated institutions and American mortgage market safety and stability.”
On Monday, the bridge received a memo from Fanny Mae’s Financial Crime Investigations, stating that Shif allegedly engaged in five Fanny Fanny Mae’s loans in “a continuous pattern of possible occupation”, Fox News has learned.
Shif responds to Trump’s allegations, asks to be removed from the office
It is not clear that the Department of Justice is currently taking action against Shif, but at the beginning of this week, President Donald Trump brought the enemy for justice for the alleged mortgage fraud scheme for a long time.
Fox News Digital arrived in the Department of Justice for more information, but he did not respond immediately.
According to the letter, Shif and his wife bought a house in Potomac, Maryland, Maryland in 2003, according to the letter. He entered a Fanny Mae-Sam-Samvading Hostage Agreement for $ 610,000 at a rate of 5.625% over a period of 30 years, assuming that the property would be his primary and major residence.
The letter stated that he confirmed his primary residence in Maryland Home 2009, 2011, 2012 and 2013, despite being an elected officer representing California state at the same time.
Fox News received a copy of the 2011 affidavit, in which Shif proved that Maryland House is his primary residence.
Pulte said that Shif and his wife did not list Maryland’s house as their secondary residence until 2020.
At the same time, Shif took a tax exemption of a homeowner on a Kondo, which he is in Berbank, California, also claimed that the house was written by Pulte citing media reports, as his primary residence for a reduction of $ 7,000 from the house 1% property tax.
In 2023, a spokesman of the letter note, Shif, said that “Adam’s primary residence is Burbank, California, and he lives when he wins the Senate seat.”
The letter stated, “The primary residence gets more favorable loan conditions than the mortgage, including low interest rates, compared to the secondary residence hostage,” the letter said. “Lenders see the secondary residence hostage as a significant risk, as a borrower is more likely to pay a primary residence mortgage during any financial difficulty. Interest rates on secondary residence mortgage are usually 0.25–0.50% more than their primary residence counterparts; however, this can depend on the gap lender.”
Trump accused ‘Scam Artist’ Shif of lying about Maryland’s house
The Federal Housing Officer wrote that he believes that the alleged misconduct of Shif may be a violation of the federal criminal code that ban wire fraud, mail fraud, bank fraud and false statements to financial institutions.
Paltte wrote that Shif “is the wrong record for” favorable debt terms, and also appears that the financial benefits of a primary residence mortgage are known compared to a secondary residence mortgage. ”
According to the letter, in 2023, a spokesperson of Shif told CNN that, “Adam’s California and Maryland addresses have been listed as primary residence for debt purposes as they both occupy throughout the year and to separate them from a holiday property.”
Last year, letter notes, a federal jury convicted Marilyn Mosby of making false statements on a hostage application for a Florida Condominium, when she was a lawyer to the Baltimore City State.
The letter also states how a St. Louis person convicted the domestic mortgage last month “after the hard work of the IG and DOJ of our agency”.
“Unfortunately there are many examples of individuals who commit cheating or hostage,” Pult wrote. “As usual, we are ready to support any action to cooperate with the Department of Justice that the Department of Justice finds appropriate. US federal housing FHFA appreciates the support department of the Justice Department in ensuring the safety of American homebukers and taxpayers.”
Trump demanded a chif on social media on Tuesday.
Trump wrote in Part on Satya Social, “I was always a scam artist. And now I know that Fanny Mae’s Financial Crime Division has concluded that Adam Shif has been engaged in a constant pattern of potential hostage fraud.” “The hostage fraud is very serious, and needs to bring the crooked Adam Chif (now a senator) to justice.”
Sen Adam Shif, D-Calif., Tuesday, May 6, at US Capital. (Tom Williams/CQ-Roll Call, Ink Getty Image)
In the upper chamber, till the 2024 election, a Congressman chef examined the impeachment of the House Intelligence Committee in Trump, requesting that Ukraine investigated Joe Biden, whose son Hunter held an attractive giggle in a Ukrainian Natural Gas Company during his Vice Presidency. Shif also issued several sub -ponuses and made several hearing with Russia, alleging Trump.
Reacting to the claims of hostage fraud on Tuesday, Shif issued a video statement, saying that Trump had threatened to prosecute him for a long time.
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“They have accused me of treason, they have also accused me of leaking classified information, they have accused me of cheating, it is originally one after the other, all the baseless, without all merit, without all merit,” Shif said. “This is not new – but their attacks on law of law are more dangerous than ever.”
