Eric Swalwell Defends Himself After Criminal Referral For Mortgage Fraud

Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons

Rep. Eric Swalwell, a California Democrat and senior House member, has responded sharply to a federal criminal referral alleging mortgage and tax fraud related to his purchase of a home in Washington, D.C. He called the referral “political retaliation” and affirmed he will continue his work and oversight efforts unabated.

The referral stems from a letter — first reported by NBC News — from Federal Housing Finance Agency (FHFA) Director Bill Pulte to Attorney General Pam Bondi, alleging that Swalwell misrepresented a Washington, D.C., residence as his primary home in order to secure loans or refinancing on more favorable terms.

The New York Post reports:

The California Democrat was able to secure millions of dollars’ worth of loans and refinancing based on the primary residence declaration in DC, a source familiar with the referral said.

In addition to the Department of Justice criminal referral, FHFA’s inspector general is probing the alleged mortgage fraud.

“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 responded in a statement.

“Like James Comey and John Bolton, Adam Schiff and Lisa Cook, Letitia James and the dozens more to come – I refuse to live in fear in what was once the freest country in the world,” added the California congressman, who is now the fourth Democratic official to be targeted for mortgage fraud by the Trump administration.

Swalwell’s tone hardened as he made clear his intentions. “Of course, I will not end my lawsuit against him. And I will not stop speaking out against the president and speaking up for Californians.”

The lawmaker invoked a familiar line to underscore his point. “As Mark Twain said, ‘Patriotism is supporting your country all the time, and your government when it deserves it.’ Mr. President, do better. Be better.”

When asked for a response, the Department of Justice declined to comment.

This is a breaking news story. Please check back for updates.

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Patrick Houck

Patrick Houck is an avid political enthusiast based out of the Washington, D.C., metro area. His expertise is in campaigns and the use of targeted messaging to persuade voters. When not combing through the latest news, you can find him enjoying the company of family and friends or pursuing his love of photography.

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