Colony Ridge To Pay $68M To End DOJ, Texas Lending Case

By Jon Hill · February 10, 2026, 9:20 PM EST

Houston-area developer Colony Ridge will pay $68 million to settle with the U.S. government and state of Texas over claims that it targeted Hispanic consumers with predatory land sales and financing,...

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Documents

Case Information

Case Title

Consumer Financial Protection Bureau v. Colony Ridge Development, LLC et al

Case Number

4:23-cv-04729

Court

Texas Southern

Nature of Suit

Other Statutory Actions

Date Filed

December 20, 2023


Case Title

Texas v. Colony Ridge, Inc. et al

Case Number

4:24-cv-00941

Court

Texas Southern

Nature of Suit

Other Statutory Actions

Date Filed

March 14, 2024