One mortgage lender abandons the Florida condo market

Provident told broker partners that all loans in the pipeline must be locked by 11:59 p.m. PST on Oct. 31 or they’ll be declined. Additionally, all loans currently locked must be funded by the ... Read More

CFPB, DOJ Hit Provident Brokers Over Pricing Discretion

WASHINGTON Provident Funding Associates, a private mortgage lender, has agreed to pay $9 million to settle allegations its brokers charged minorities higher fees and interest rates, federal regulators ... Read More

Provident Funding Fined Over Mortgage Lending Discrimination

The U.S. Justice Department and Consumer Financial Protection Bureau (CFPB) have jointly filed a consent order to resolve allegations that Provident Funding Associates engaged in a pattern or practice ... Read More

Provident Funding Faces $9M Fine for Alleged Discriminatory Pricing

Provident, based in California, originates mortgage loans through a nationwide network of brokers. Between 2006 and 2011, Provident made more than 450,000 mortgage loans through its brokers. During ... Read More

CFPB, DOJ take action against Provident Funding for ... - HousingWire

Between 2006 and 2011, Provident made over 450,000 mortgage loans, and during this time period, Provident’s practice was to set a risk-based interest rate and then allow brokers to charge a ... Read More

CFPB and DOJ announce settlement with mortgage lender charged with ...

The CFPB announced last week that, together with the Department of Justice (DOJ), it had entered into a proposed consent order with Provident Funding Associates, a wholesale mortgage lender, to ... Read More

CFPB Developments Including Targeting Provident for Broker Business ...

When I grow up I want to be wealthy. And thanks to this list of the wealthiest zip codes in America , I know just where to move. (Interesting to compare those versus states with no state income tax.) ... Read More

One mortgage lender abandons the Florida condo market - Yahoo Finance

California-based Provident Funding Associates LLC is getting out of the Florida condo lending business, it told broker partners on Friday. In an email sent Friday morning, Provident said that it ... Read More