An 11-point memo directs the agency’s staff to bring redress directly to affected consumers, “rather than imposing penalties ...

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 Midwest mortgage firm, following what it describes as years ...

This motion, filed on March 26, 2025, comes after significant allegations ... protected from illegal redlining even before they submit a mortgage application. The CFPB and Townstone jointly ...

In a stunning legal move, the Consumer Financial Protection Bureau is asking a federal court to vacate a redlining settlement because the ... which they said would set a "dangerous precedent." The ...

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 ...

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 ...

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 ...

It will give his political appointees wide leeway to shrink the CFPB footprint significantly. However, the order makes clear that the administration cannot trim the bureau down so much that it ...

A Snap Finance spokesperson said in a statement to Kiplinger that the company disagrees with the CFPB’s assertions and plans to vigorously defend itself against the allegations. Profit and ...

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 ...

Learn more: What is redlining, and how does it affect Black communities? In a surprise move this week, however, the CFPB asked a court to undo its settlement and dismiss the case, claiming it had ...