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The Consumer Financial Protection Bureau (CFPB) took action against Prospect Mortgage, LLC, a major mortgage lender, for paying illegal kickbacks for mortgage business referrals. The CFPB also took action against two real estate brokers and a mortgage servicer that took illegal kickbacks from Prospect.
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HomeBridge to Purchase Operating Assets of Prospect Mortgage, Becoming One of the Largest Mortgage Lenders in the United States. Iselin, N.J. (November 1, 2016): homebridge financial services, Inc., a national independent mortgage lender, announced today the signing of a definitive agreement under which HomeBridge will purchase the operating assets of Prospect Mortgage, LLC from Prospect.
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