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CFPB Files Lawsuit Against Chicago-Based Townstone Financial For Alleged Discriminatory Lending Practices
The Consumer Financial Protection Bureau (CFBP) on Wednesday filed a lawsuit against Townstone Financial Inc., a Chicago-based nonbank retail-mortgage creditor. CFPB’s complaint alleges that Townstone violated the Equal Credit Opportunity Act (ECOA) and Regulation B by engaging in discriminatory mortgage-lending … Continue reading →
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