CFPB, Chicago Lender Fail To Reach Final Redlining Suit Deal

By Emilie Ruscoe · March 21, 2022, 7:51 PM EDT

A Chicago-area mortgage lender and the Consumer Financial Protection Bureau have abandoned efforts to settle the bureau's allegations that the lender disparaged majority-Black neighborhoods in infomercial commentary, the parties have told...

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Case Information

Case Title

Bureau of Consumer Financial Protection v. Townstone Financial, Inc.

Case Number

1:20-cv-04176

Court

Illinois Northern

Nature of Suit

440 Civil Rights: Other

Date Filed

July 15, 2020