CFPB v. Townstone Financial, Inc., et al
Case Number:
23-1654
Court:
Nature of Suit:
Companies
- American Civil Liberties Union
- Lawyers' Committee for Civil Rights
- Mortgage Bankers Association
- National Consumer Law Center Inc.
- National Fair Housing Alliance
- The Lawyers' Committee for Civil Rights Under Law
Government Agencies
Sectors & Industries:
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June 12, 2024
The Loan Discrimination Suits Notching Through Fed. Courts
Lawsuits over loan discrimination and the fallout faced by minority borrowers are being litigated in federal courts across the country, with banks, developers and the federal government facing claims.
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December 08, 2023
7th Circ. Takes Hard Look At CFPB Redlining Appeal
The Consumer Financial Protection Bureau and a Chicago mortgage lender each faced a skeptical Seventh Circuit judge Friday as the appellate court weighed whether it should revive the agency's redlining lawsuit accusing the lender of unlawfully disparaging majority-Black neighborhoods.
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August 25, 2023
Trade Groups Back Lender Win In CFPB Redlining Suit
Two real estate finance trade organizations urged the Seventh Circuit to uphold a nonbank mortgage lender's victory amid the Consumer Financial Protection Bureau's redlining case, arguing that the ruling is needed to avert an ill-defined expansion of the Equal Credit Opportunity Act.
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August 16, 2023
CFPB's Redlining Suit Should Be Left For Dead, 7th Circ. Told
A Chicago-area mortgage lender is urging the Seventh Circuit to uphold its win against a Consumer Financial Protection Bureau redlining lawsuit, arguing that the case was rightly rejected as an impermissible expansion of a key federal fair lending law.