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

Late last year, the Consumer Financial Protection Bureau reached a settlement with a small mortgage lender based in Chicago, ...

The Consumer Financial Protection Bureau asked a federal judge to vacate and set aside a settlement against a Chicago ...

New CFPB leadership allegedly uncovered what attorneys call the targeting of Townstone Financial based on its political ...

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

The Consumer Financial Protection Bureau asked a federal judge to vacate a settlement with a Chicago mortgage lender who ...

Saying that the bureau under the Biden Administration abused its power, the CFPB is seeking to reverse its settlement with Townstone Financial.

But on Wednesday, the new acting director of the CFPB, Russell Vought, sought to vacate the settlement completely and return the six-figure penalty that Townstone had to pay. “Once new CFPB ...

The Consumer Financial Protection Bureau wants to return a $105,000 penalty it collected last fall when it resolved a ...

The Consumer Financial Protection Bureau has asked a federal judge to vacate a settlement with Townstone Financial and return $105,000 to the mortgage firm accused of redlining. The CFPB’s chief ...

Adding to their sense of shock: The CFPB originally filed its case against Townstone in 2020 during Trump’s first term under his own handpicked director, Kathy Kraninger. Some consumer ...