Federal Housing regulator Bill Pulte referred Democrat Rep. Eric Swalwell to the Justice Department for criminal prosecution over mortgage fraud.
According to NBC News, Pulte is alleging that Swalwell, a Democrat Congressman representing a district in California, took out millions of dollars worth of mortgage loans based on his declaring his primary residence as Washington, DC.
Swalwell’s $1.2 million DC home is now a target of the Justice Department.
Pulte is alleging that Swalwell made misleading statements during the purchase and refinance of the DC property.
The FHFA’s Inspector General is also investigating Swalwell’s mortgage fraud.
Swalwell lashed out at Trump in a statement to NBC News.
“As the most vocal critic of Donald Trump over the last decade and as the only person who still has a surviving lawsuit against him, the only thing I am surprised about is that it took him this long to come after me,” Swalwell said in a statement to NBC News.
NBC News reported:
A top housing official in President Donald Trump’s administration has referred California Democratic Rep. Eric Swalwell to the Justice Department for a potential federal criminal probe, based on allegations of mortgage and tax fraud related to a Washington, D.C., home, according to a person familiar with the referral.
He is the fourth Democratic official to face mortgage fraud allegations in recent months.
Bill Pulte, the director of the Federal Housing Finance Agency, alleged in a letter sent to Attorney General Pam Bondi on Wednesday that Swalwell may have made false or misleading statements in loan documents.
The matter has also been referred to the agency’s acting inspector general, this person said.
Pulte has criminally referred others to the DOJ for mortgage fraud.
Democrat Senator Adam Schiff, Federal Reserve Governor Lisa Cook, and New York Attorney General Letitia James have been referred for criminal prosecution.
Letitia James was recently indicted on bank fraud charges related to her property in Norfolk, Virginia.
The post BREAKING: Democrat Rep. Swalwell Lashes Out at Trump After Housing Director Pulte Criminally Refers Him to DOJ For Mortgage Fraud appeared first on The Gateway Pundit.