Litigation
May 30, 2015
San Bruno-based mortgage lender settles racial discrmination complaint
Provident Funding Associates LP will pay $9 million to settle allegations from two government agencies that it charged higher broker fees to African American and Hispanic borrowers, according to an agreement filed Thursday.
Daily Journal Staff Writer
Provident Funding Associates LP will pay $9 million to settle allegations from two
government agencies that it charged higher broker fees to African-American and Hispanic
borrowers, according to an agreement filed Thursday.
"The settlement demonstrates this U.S. Attorney's office will devote the resources
nec...
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