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The CFPB on Tuesday asked a district court to dismiss and vacate a $105,000 judgment against Townstone Financial and its CEO, Barry Sturner. Despite the case being settled and finalized in November ...
On April 16, the Consumer Financial Protection Bureau (CFPB) sent an internal memorandum to CFPB staff describing its 2025 supervisory and ...
It participated in a similar lawsuit against Townstone Financial, which was required to pay the CFPB $105,000 to settle redlining allegations. The CFPB has since moved to vacate the Townstone case.
President Donald Trump's administration is making deep cuts to the federal agency that oversees financial products such as mortgages and student loans - and as a result, risky loans and scams ...
In recent cases against Fairway Independent Mortgage Corp. and Townstone Financial, the Biden-era CFPB fined the lenders for allegedly having engaged in redlining and unlawful discrimination.
Residential real estate mergers rise amidst antitrust concerns, impacting market competition and federal regulation review.
The recent filing by the CFPB to unwind the Townstone consent order has raised a lot of eyebrows and questions about fair lending enforcement going forward. Mr. Horn was one of the attorneys that ...