August 27, 2025

Adam Schiff

Mortgage

Trump demands Fed governor Lisa Cook quit over ‘mortgage fraud’ claim

President Trump Wednesday called on Federal Reserve governor Lisa Cook to step down over claims of “mortgage fraud” as he presses his feud over economic policy with the central bank. “Cook must resign, now,” Trump wrote on his social media about Cook, a member of the Fed board. Trump cited a letter from Federal Housing Finance

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Mortgage

Sen. Adam Schiff under federal criminal investigation for alleged mortgage fraud violations

Sen. Adam Schiff, D-Calif., is under criminal investigation for mortgage fraud, a Trump administration source told Fox News. Fox News host Laura Ingraham broke the news on Tuesday night on “The Ingraham Angle,” saying the source said a criminal investigation is being conducted by the US Attorney’s Office in Maryland on possible charges involving mortgage fraud.

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Mortgage

Schiff denies Trump’s claims of mortgage fraud as Fannie Mae investigates senator

Sen. Adam Schiff (D-CA) on Tuesday denied accusations from President Donald Trump that he engaged in “possible mortgage fraud,” calling the allegations an attempt at “political retribution.”  Trump and Schiff have been at odds for years, with the Democratic senator having led a House impeachment of the president during his first term and establishing himself

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Loans

Elon Musk Backs Crackdown On SBA Loans After $333 Million Went To Borrowers Over 115 Years Old

Elon Musk Backs Crackdown On SBA Loans After $333 Million Went To Borrowers Over 115 Years Old Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk endorsed new loan verification measures implemented by the Small Business Administration, highlighting concerns about fraudulent applications using stolen Social Security numbers. What Happened: “No more loans to babies or people too old

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