Mortgage Mix: CFPB’s Attempted Rollback on Redlining Settlement Denied by Judge

Court Terminates 2022 Redlining Consent Order for Nonbank Lender - The MortgagePoint

A federal judge in Philadelphia has ended the CFPB and DOJ’s consent order against a nonbank mortgage company, concluding it met all compliance terms and dismissing the case.

Mortgage Mix: CFPB’s Attempted Rollback on Redlining Settlement Denied by Judge

Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. – The CFPB’s motion to vacate a settlement in a redlining case against Townstone Financial was denied by a Chicago federal judge, as reported by Reuters. The decision came after Trump administration officials said… The post Mortgage Mix: CFPB’s Attempted Rollback on Redlining Settlement De…