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 ...

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 ...

Most types of financial fraud are relatively straightforward: the fraudster uses creative accounting, inflated numbers, or out-and-out lies to trick their victim into handing over money or valuables ...

The Trump administration has vowed to go after anyone who got lower mortgage rates by claiming more than one primary residence on their loan papers. President Donald Trump has used it as a ...

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 ...

(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 ...

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 ...

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.

Federal Reserve governor Lisa Cook declared in financial forms that her Atlanta property would be used as a “vacation home” and not her primary residence, according to documents obtained by NBC News ...