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After President Trump alleged Tuesday that California Sen. Adam Schiff had committed mortgage fraud, Schiff dismissed the claim as a 'baseless attempt at political retribution.'

A memorandum from Fannie Mae investigators concluded that Schiff “engaged in a sustained pattern of possible occupancy misrepresentation."

President Trump launched a blistering attack on Sen. Adam Schiff, D-Calif., Tuesday morning, accusing his longtime political foe of committing mortgage fraud by lying about his primary residence for over a decade in order to “rip off America.

Calif., designated his Maryland home as his primary address in 2003. In 2009, Schiff purchased a condo in Burbank, California, and he also made this address his primary