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

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 ...

Perhaps the most interesting news release ever distributed by the Consumer Financial Protection Bureau came into my view on ...

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

As recently as January 2025, the CFPB reached a $1.5 million settlement with Draper and Kramer Mortgage Corp. over allegations of redlining in the greater Chicago and Boston areas.

In 2020, the CFPB accused Townstone of "redlining," effectively discouraging ... such neighborhoods in allegedly racial terms, allegations the company rejected. Kathy Kraninger, who was CFPB ...

The bureau identified the redlining case against Townstone Financial as “abusive” and “unjust” and plans to make the company ...

The Consumer Financial Protection Bureau (CFPB) asked the U.S. District Court for the Northern District of Illinois – Eastern Division to vacate the settlement in CFPB v. Townstone Financial, Inc., et ...

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

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 ...