Reported 24 days ago
The U.S. Consumer Financial Protection Bureau (CFPB) has settled a lawsuit against Townstone Financial, a Chicago mortgage firm, for alleged racial discrimination practices. Townstone will pay a $105,000 fine to the CFPB's victims relief fund but did not admit any wrongdoing. This case follows a legal victory for the CFPB that strengthens protections against racial bias in mortgage lending and marketing.
Source: YAHOO