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2019 Mortgage Lenders Examined for CRA Compliance

The Division of Banks (DOB) examines licensed mortgage lenders (LMLs) making 50 or more home mortgage loans in the previous 2 calendar years. The DOB assess the LML's record of meeting the mortgage credit needs in its entire assessment area. The evaluation includes an assessment of the LML's lending in low and moderate-income areas and a review by income of borrowers. When the examination is complete the DOB issues a rating and public evaluation.

Table of Contents

LMLs with a 2019 published rating

Institution Location Rating
Broker Solutions, Inc. d/b/a New American Funding Tustin, CA     S
Drew Mortgage Associates, Inc. Shrewsbury, MA     S
Home Point Financial Corporation Ann Harbor, MI     S
J.G. Wentworth Home Lending, LLC Woodbridge, VA     S
Lakeview Loan Servicing, LLC Coral Gables, FL     S
loanDepot.com, LLC Foothills Ranch, CA     S

Mortgage Research Center, LLC d/b/a Veterans United Home Loans, Veteran Loan Center, www.VAMortgageCenter.com and VALoans.com

Columbia, MO     S
Ocwen Loan Servicing, LLC West Palm Beach, FL     S
PennyMac Loan Services, LLC Westlake Village, CA      S
PHH Mortgage Corporation Mount Laurel, NJ     S
Provident Funding Associates, LP San Bruno, CA    NI
Village Mortgage Company  Avon, CT      S

Key to ratings

  • O - Outstanding
  • HS - High Satisfactory
  • S - Satisfactory
  • NI - Needs to Improve
  • SNC - Substantial Noncompliance

These ratings are not, nor should they be interpreted as an assessment of the financial condition of these institutions. The assigned ratings do not represent an analysis, conclusion, or opinion of the DOB concerning the safety and soundness of these financial institutions.

Public evaluations

The public portion of the evaluation generally contains:

  • The mortgage lender's CRA rating
  • A description of the mortgage lender
  • Conclusions about the mortgage lender's CRA performance, including the facts, data, and analyses that were used to form such conclusions.
Date published: January 7, 2020
Last updated: January 7, 2020