WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has filed a proposed ... seeks to address allegations of redlining African American neighborhoods in Chicago by the former ...

The Consumer Financial Protection Bureau (CFPB) is seeking to vacate a settlement reached with Townstone Financial, a small ...

which described it as a blow against “modern-day redlining” — the practice of refusing to lend in minority neighborhoods. In a surprise move this week, however, the CFPB asked a court to ...

The testimony goes on to allege that the CFPB investigation of the lender commenced after running a “redlining screen ... Townstone responded to the allegations in a 165-page court filing ...

In a surprising turn of events, the Consumer Financial Protection Bureau (CFPB or Bureau) and Townstone Financial, Inc. (Townstone) have jointly ...

On March 26, the CFPB, in its first press release in over 50 days, announced its intention to seek to vacate a redlining settlement previously imposed on a nonbank retail-mortgage creditor and ...

The bureau identified the redlining case against Townstone Financial as “abusive” and “unjust” and plans to make the company whole by returning the $105,000 penalty it paid.

Though Townstone was a minor firm, the case was a major court victory for the government, which described it as a blow against “modern-day redlining” — the practice of refusing to lend in minority ...

Chris Dodd and Barney Frank point out that the Consumer Financial Protection Bureau was brought into being by proper legislative action in 2010 (“Trump Harms Consumers by Weakening the CFPB ...

In their March 13 op-ed “Trump Harms Consumers by Weakening the CFPB,” Chris Dodd and Barney Frank, authors of the act establishing the Consumer Financial Protection Bureau, note that “the ...