Saturday, November 15, 2025

Eric Swalwell accused of mortgage fraud: FHFA makes criminal referral



If there's one thing the Trump era excels at, it's draining the swamp one fraudulent mortgage at a time. Enter Rep. Eric Swalwell, aka "Fartwell" (D-CA), the perpetually aggrieved House Democrat who's now staring down a criminal referral from the Federal Housing Finance Agency (FHFA) for what sure smells like good old-fashioned mortgage fraud.

In a letter dropped Wednesday to incoming Attorney General Pam Bondi, FHFA Director Bill Pulte didn't mince words: He wants a full probe into Swalwell's alleged fibs about snagging a swanky $1.2 million pad in D.C.'s Eckington neighborhood back in 2020. The congressman apparently passed it off as his "primary residence" to score sweetheart loans and refinancing deals worth millions. A source familiar with this situation said this little sleight-of-hand could balloon into mortgage fraud, insurance fraud, local tax dodging, you name the grift, it's on the table.

Swalwell, never one to let a potential felony crimp his style, fired back Thursday with all the victimhood he could muster, basically blaming it on his Trump Derangement Syndrome hall-of-fame status. "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," he whined in a statement.


It isn't like Swalwell's the only blue-team bigwig catching heat from Pulte's truth squad. This guy has been busy dropping referrals like they're hot mixtapes: New York AG Letitia James (D-NY), who has her own Trump grudge-fest going; Lisa Cook, that Federal Reserve Board brainiac; and even Sen. Adam Schiff (D-CA), the guy who turned "Russian collusion" into a full-time job. 

The pattern? All these geniuses allegedly dressed up their vacation homes or cash cows as "primary residences" to juice those loan rates. Shocking. Is it possible that Democrats are cutting corners? 

Of course, Swalwell is not just any random fraud suspect; he's the Capitol-crusading hero who's still got that Jan. 6 lawsuit humming against Trump for "inciting a riot." But Fartwell isn't afraid. "I refuse to live in fear in what was once the freest country in the world," he trumpeted. "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."

Back in September, Swalwell was already playing the martyr card, admitting he "fully" expects the Trump crew to come for him. As for that Eckington manse, a stone's throw from the Capitol, it's no slouch: six bedrooms, five full baths plus a powder room, over 3,000 square feet of 1920s charm gutted and flipped into millennial-modern vibes, per Variety. Must be tough pretending that's your "primary" crash pad while jetting back to the Golden State. Can't wait for the receipts . . . or the plea deal.

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