The CFPB fined a lender for discrimination. Now it wants to give the money back.
The Consumer Financial Protection Bureau has asked a court to undo its settlement with a mortgage lender it had accused of ...
JD Supra6d
CFPB and Townstone Financial Move to Vacate Redlining Settlement Alleging Misconduct Under Former CFPB Director
In a surprising turn of events, the Consumer Financial Protection Bureau (CFPB or Bureau) and Townstone Financial, Inc. (Townstone) have jointly ...
JD Supra6d
CFPB seeking to reverse Townstone settlement, saying bureau ‘abused its power’
Saying that the bureau under the Biden Administration abused its power, the CFPB is seeking to reverse its settlement with Townstone Financial.
MyChesCo on MSN5d
CFPB Reverses Course in Shocking Settlement Fallout with Townstone Financial
The Consumer Financial Protection Bureau (CFPB) is seeking to vacate a settlement reached with Townstone Financial, a small ...
ConsumerAffairs6d
Consumer watchdog CFPB wants to reverse its own ruling in mortgage discrimination case
Time seems to be running backwards at the Consumer Financial Protection Bureau (CFPB). The agency is going back in time, dismissing pending cases and even ...
Auto Remarketing6dOpinion
From the editor: Dramatic change in tone at the CFPB
Perhaps the most interesting news release ever distributed by the Consumer Financial Protection Bureau came into my view on ...
AOL5d
The CFPB fined a lender for discrimination. Now it wants to give the money back.
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 ...
thetitlereport3d
Industry News
Rocket Companies announced a $9.4 billion all-stock acquisition agreement with mortgage servicer Mr. Cooper Group Inc. that leaders of both companies say will generate more revenue opportunities, as ...