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Consumer Financial Protection Bureau v. Colony Ridge Development, LLC et al
Case Number:
4:23-cv-04729
Court:
Nature of Suit:
Judge:
Firms
- Davis Gerald & Cremer
- Engstrom Lee
- Frederick M. Lehrer Attorney at Law
- Garris Horn
- Hilder & Associates
- Relman Colfax
- Riggs & Ray
Companies
Government Agencies
Sectors & Industries:
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December 20, 2023
DOJ, CFPB Hit Texas Lender With 1st Predatory Lending Suit
The U.S. Department of Justice and the Consumer Financial Protection Bureau have brought a precedent-setting predatory lending suit against a Texas real estate developer and lender, alleging that it participated in a "bait and switch land sale scheme" that targeted Spanish-speaking borrowers.
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