CFPB Slaps Chicago Mortgage Lender with Redlining Lawsuit

American Banker, July 15, 2020–Kate Berry (subscription)
The Consumer Financial Protection Bureau has sued Townstone Financial, a Chicago-based mortgage lender alleging it engaged in illegal redlining by discouraging prospective Black applicants from applying for home loans.
https://www.americanbanker.com/news/cfpb-slaps-chicago-mortgage-lender-with-redlining-lawsuit