An Illinois federal district court judge presiding over a revived redlining case denied a joint motion to vacate a 2024 voluntary settlement between the Consumer Financial Protection Bureau (CFPB) and a Chicago-based non-bank...more
7/16/2025
/ Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Discrimination ,
ECOA ,
First Amendment ,
Lenders ,
Mortgage Lenders ,
Mortgages ,
Motion to Vacate ,
Nonbank Firms ,
Race Discrimination ,
Redlining ,
Settlement ,
Trump Administration
On January 13, 2025, the Consumer Financial Protection Bureau (CFPB) announced that it proposed a rule (the Proposed Rule) seeking to ban certain terms and conditions in agreements for consumer financial products or services...more