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Volume 23 - Number 4

February 22, 2019

TIAA Exits Retail, Provident Says Goodbye, Period

As mortgage profits weaken, two banks that have had a foothold in residential finance for several decades are taking different paths. One, TIAA Bank, Jacksonville, FL, is exiting traditional retail but staying in the mortgage space. The other, Provident Savings Bank, Riverside, CA, is getting out entirely.

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