James lives in the Clinton Hill neighborhood of Brooklyn and is a member of Emmanuel Baptist Church.[89][90] She has never married.[91]
On the scale of "mortgage fraud" - claiming primary residence to get 1/4 a point lower rate is such small potatoes, and in most of these cases they are pretty small loans, so the bank loses 20-30k on the life of the loan if it goes to term (which rarely happens - either a sale or a refinance is a near certainty), and every case that's been trumped up has been someone with high incomes relative to loan value, so their risk profile is small enough that the bank is going to be far more happy with them getting that rate than the thousands of people who were clearly primary residents but ended up defaulting. And these are all dinky properties that even if the appraiser were on crack, the property was a good collateralization of the loan.
In comparison, Trump's case where he overstated the value of the property in order to get a larger loan than the actual value of the property, by hundreds of millions - that's an actual risk by the bank for real money. That they are taking with a borrower with a history of bankruptcies.
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