Swalwell is the latest Democrat to face mortgage fraud allegations from Federal Housing Finance Agency head Bill Pulte, who sent a letter to the Justice Department on Wednesday.

Senior fraud investigators at Fannie Mae believed there was no clear evidence to prove that New York Attorney General Letitia James committed mortgage fraud, according to new information disclosed by James' legal team in a filing on Monday.

A Baltimore woman has been sentenced to three years in federal prison and three years of supervised release for laundering COVID-19 relief funds through fraudulent loan applications, according to the U.S. Attorney’s Office for the District of Maryland.

Three individuals pled guilty to defrauding the State of Michigan and an individual of over $579,000 through identity theft and unclaimed property fraud.

U.S. prosecutors are probing a group of telecoms firms after BlackRock's private credit arm, HPS Investment Partners, said it lent them over $400 million backed by receivables that appear to be fake,

A Minnesota businessman was sentenced on Monday to seven years in prison and ordered to pay nearly $3.5 million for his role in defrauding more than $6 million from pandemic relief programs.