Bernard B. Kerik, the former New York City police commissioner and commissioner of the New York City Department of Corrections, has been charged with making false statements on a loan application in connection with purchase of a Riverdale, N.Y., apartment. According to Michael J. Garcia, U.S. attorney for the Southern District of New York, Mr. Kerik, who was unavailable for comment, allegedly borrowed part of the downpayment from a Manhattan Realtor, but falsely denied that he had done so to the bank that extended him the mortgage loan for his purchase of the apartment.
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The ex-CEO began a formal solicitation of shareholders after blaming his initial claims of majority support on information provided by in-house counsel.
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As tech facilities push into lower income and rural housing markets, lenders navigate local growth without major impacts on home sales price trends.
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Certainty Home Lending named two new executives, while Equity Prime Mortgage welcomed back a familiar face as chief risk officer.
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Cyberattacks involving artificial intelligence were up 56% in the past year and added on average $1 million to businesses' data breach expenses.
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The president has initiated a for-cause process to remove the Federal Reserve Board governor from office, something only one president has successfully done before. But that century-old precedent may not offer Trump much useful guidance in his quest.
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Four new mortgage acquisitions show how companies in home finance are prioritizing advanced technology in what has turned into the year of consolidation.
August 18









