In 2015, the Consumer Financial Protection Bureau and the Department of Justice filed a complaint against Provident Funding Associates, saying that it charged higher fees to minority borrowers based on their race or nationality, rather than their credit profile.

Now, Hispanic and African-American borrowers who were wrongly charged more for broker fees on mortgage loans than white borrowers from 2006 to 2011 will soon receive their share of a $9 million settlement, reports HousingWire staffer Ben Lane.

The complaint accused Provident of unlawfully discriminating against African-American and Hispanic borrowers in mortgage pricing through Provident’s broker compensation policies.

According to the CFPB, approximately 14,000 African-American and Hispanic borrowers paid higher total broker fees because of this discrimination.

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