A memorandum from Fannie Mae investigators concluded that Schiff “engaged in a sustained pattern of possible occupancy ...

Longtime Trump political foe, Sen. Adam Schiff, was referred to the Department of Justice to face criminal prosecution over ...

FHFA director refers Sen. Adam Schiff to DOJ for alleged mortgage fraud, citing documents on Maryland and California ...

After President Trump alleged Tuesday that California Sen. Adam Schiff had committed mortgage fraud, Schiff dismissed the ...

The Democrat from California is accused of misleading mortgage lenders about his primary residence being in the Washington, ...

Government officials confirmed the California Democrat is under scrutiny over a long-held Maryland property he designated as ...

An average of 2.2 issues found in problematic loan files shows existing tools are insufficient to detect vulnerabilities ...

Trump teased that Schiff is in "BIG TROUBLE" and accused him of falsifying loan documents, saying he should face prison time.

Fannie Mae has issued a fraud alert warning the mortgage industry about a growing pattern of fraudulent activity tied to two- to four-unit investment properties in New Jersey and surrounding states.

This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. Fannie Mae reported that it had experienced ...

Fannie Mae recently announced updates to its Multifamily Loan Documents with Lender Letter (25-04). Since that time, Fannie Mae released a ...

In August, three fraudulent investors also pleaded guilty to conspiracy in a mortgage fraud scheme involving a Fannie Mae loan, according to the Department of Justice. The trio had purchased an ...