Townstone Financial fires back at CFPB discrimination lawsuit

Jul 17, 2020 |

Townstone Financial, a Chicago-based nonbank retail mortgage lender, is firing back at a lawsuit filed this week by the Consumer Financial Protection Bureau.  On Wednesday, HousingWire reported on CFPB’s complaint, which alleges that Townstone violated the Equal Credit Opportunity Act (ECOA) and Regulation B by engaging in discriminatory mortgage-lending practices and that those violations also […more]

Posted in: San Francisco

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