The offices of Covino & Co., a South Salem, N.Y.-based wholesaler that also does business as Luxmac, are closed until March 22 because of the Nor'easter that slammed the greater New York metropolitan area this past weekend. A statement in an e-mail and on the company's website said the closure is a result of a power outage in the office. "We apologize for any inconvenience this may cause. We are confident that the power crews will restore power to our area by the end of the week." Covino & Co. is managed by industry veteran Michael Covino. The firm also brokers loans on occasion.
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The Canadian-American bank's first AI agent does the work of gathering any missing documents and verifying data for mortgage applications.
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This is the fourth settlement MV Realty reached in the last two months over its controversial homeownership benefits program, which is now illegal in 33 states.
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