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Swalwell Sues Trump Official Over Mortgage Fraud Claims, Insists D.C. Home Is His Wife’s

Conservative Angle

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Feb 22, 2018
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California Democratic Congressman Eric Swalwell filed a lawsuit against the Trump administration on Tuesday, arguing that the accusations of mortgage fraud against him are “patently false,” and claiming that the Washington, D.C., home at the center of the allegations is his wife’s primary residence, not his.

Swalwell argues in the lawsuit that the mortgage and tax fraud accusations are motivated by President Donald Trump’s desire to “seek retribution against his political enemies.” The lawsuit names Bill Pulte, the director of the Federal Housing Finance Agency, as a defendant along with the Federal Housing Agency, Federal Home Loan Mortgage Corporation, and Federal National Mortgage Association. Earlier this month, Pulte referred Swalwell to Attorney General Pam Bondi over alleged mortgage and tax fraud related to his home in Washington, D.C.

Swalwell accuses Pulte of abusing his position “by scouring databases at Fannie Mae and Freddie Mac—two government-sponsored enterprises—for the private mortgage records of several prominent Democrats.”

“He then used those records to concoct fanciful allegations of mortgage fraud, which he referred to the Department of Justice for prosecution. The target of his most recent criminal referral is Plaintiff Eric Swalwell—one of the President’s most vocal and visible critics in Congress,” the lawsuit adds.

Swalwell was the fourth Democrat in recent months to face mortgage fraud allegations, after Pulte also sent criminal referrals to the DOJ for Sen. Adam Schiff (D-CA), New York Attorney General Letitia James, and Biden-appointed Federal Reserve Board Governor Lisa Cook. The Justice Department is reportedly looking into the handling of the mortgage fraud investigation into Sen. Schiff, and whether the probe was pushed at the behest of Trump administration officials, the Associated Press reported.

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Swalwell is accused of claiming his $1.2 million home in the nation’s capital as his primary residence despite living in California. Claiming the D.C. home as his primary residence would have qualified him for millions of dollars’ worth of loans and refinancing, the New York Post reported. Swalwell pushes back against those accusations in the lawsuit, which states that the Democratic congressman “disclaimed any intent to occupy the District of Columbia home as his primary residence in a sworn affidavit attached to his mortgage agreement.”

According to the lawsuit, the D.C. home is the primary residence of Swalwell’s wife, while the congressman remains a permanent resident of California.

“Pulte’s referral to the Justice Department was not only a gross mischaracterization of reality. It also represented a gross abuse of power that violated the law,” the suit argues.

Swalwell’s lawsuit also accuses the Federal Housing Finance Agency of engaging in “what appeared to be a coordinated leak” to news outlets and conservatives on social media after details about the allegations against Swalwell “appeared simultaneously” as Pulte referred Swalwell to the Justice Department.

The Federal Housing Finance Agency has not responded to a request to comment.

As Swalwell faces a potential federal investigation over mortgage fraud accusations, he announced last week that he is running for governor of California. Swalwell announced his run during an appearance on Jimmy Kimmel’s late-night show, saying he would focus on addressing economic issues and pushing back against the Trump administration’s policies.

The post <a href=https://www.dailywire.com/news/swalwell-sues-trump-official-over-mortgage-fraud-claims-insists-d-c-home-is-his-wifes target=_blank >Swalwell Sues Trump Official Over Mortgage Fraud Claims, Insists D.C. Home Is His Wife’s</a> appeared first on Conservative Angle | Conservative Angle - Conservative News Clearing House

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