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Swalwell’s Home Loan Scandal: DOJ Urged to Investigate Fraud Claims

The latest burst of accountability began when Federal Housing Finance Agency Director Bill Pulte formally referred Rep. Eric Swalwell to the Department of Justice over allegations tied to his Washington, D.C., home. The referral demands investigators examine whether Swalwell lied about his primary residence to secure favorable loans and refinancing, a potential federal crime that no one should be above.

According to reporting, the referral outlines several million dollars in loans and refinancing linked to Swalwell’s DC property and urges probes into mortgage fraud, state and local tax fraud, and possible insurance fraud. If the facts hold up, this isn’t a political scrap — it’s ordinary criminal conduct that devastates trust in our financial system and must be treated like any other case.

Conservative legal watchdogs aren’t sitting on their hands. Article III Project founder Mike Davis told viewers on The Ingraham Angle that prosecutors should be looking beyond simple mortgage counts and even consider obstruction-related charges if evidence shows deliberate concealment or falsification. The blunt truth from experienced conservatives is what the swamp rarely delivers: legal consequences, not partisan cover-ups.

This referral is not an isolated stunt — Pulte has already sent criminal referrals for other high-profile Democrats, and the pattern is clear to anyone who sees Washington’s elites playing by one set of rules while demanding different standards from the rest of us. If Pulte has the paperwork and public records to back up a referral, the DOJ has a duty to investigate, indict where warranted, and stop the selective immunity racket.

Swalwell predictably cried political retaliation, vowing to keep fighting and pointing to his lawsuits against President Trump, but political theater doesn’t negate criminal exposure. The congressman’s defiant statements only deepen the need for a straight, no-excuses forensic review — Americans deserve to know whether their representatives exploited the system for personal gain.

Let’s be blunt: Swalwell has a history of controversy, including past scrutiny over ties to an alleged foreign agent that led to his removal from sensitive committee assignments, so the benefit of the doubt should not be automatic. This country cannot protect politicians with PR-friendly narratives while ordinary citizens face real consequences for similar paperwork fraud. Prosecutors should remember that equal justice means exactly that.

Finally, conservatives should applaud any serious attempt to hold powerful people to the same legal standards as everyone else, even if the actors on stage make it messy and political. Yes, FHFA boss Bill Pulte has himself been the subject of controversy inside federal housing agencies, but that doesn’t absolve legitimate referrals from being pursued; if anything, it makes impartial DOJ action more vital. The American people want justice, not cover-ups — and if obstruction or other charges fit the evidence, bring them now and let the chips fall where they may.

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