Merchants Bank of Indiana revealed it had fewer bad loans attributable to mortgage fraud in its most recent quarter. The regional bank wrote down about $30 million in loans in the third quarter, ...

A loan summary from the Bank-Fund Staff Federal Credit Union in May 2021 reads: “Property Use: Vacation Home.” Additionally, public records in Fulton County, Georgia, reviewed by NBC News show that no ...

A Federal Reserve Board governor, Lisa Cook, as she fights President Trump’s attempt to remove her from the central bank’s board of directors, has explicitly denied allegations of mortgage fraud for ...

The Trump administration has spent months accusing political opponents of mortgage fraud — targeting Federal Reserve board member Lisa Cook, New York Attorney General Letitia James, California Senator ...

The announcement from President Donald Trump on Aug. 25 that he was firing Federal Reserve governor Lisa Cook amounts to an extraordinary weaponization of the housing finance system that depends on ...

WASHINGTON — The Justice Department has begun examining mortgage fraud allegations against Lisa Cook, the Federal Reserve governor who is challenging a Trump administration effort to remove her from ...

(Bloomberg) -- On Oct. 9, the US Justice Department issued an indictment against New York Attorney General Letitia James, alleging bank fraud and false statements to a financial institution related to ...

Mortgage fraud is back in the news. Lisa Cook, a Federal Reserve governor, is being investigated by the Department of Justice for allegedly making false statements when applying for a mortgage.

The Trump administration’s latest allegations of mortgage fraud have raised questions about a long-standing housing issue known as owner-occupancy mortgage fraud. But that type of fraud can be ...