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CFPB Loses Key IMB Redlining Case

CFPB Loses Key IMB Redlining Case

Feb. 3, 2023 (Staff Writer) — Earlier today, a District Court in Chicago ruled in CFPB v. Townstone Financial Inc. and Barry Sturner that the Equal Credit Opportunity Act (ECOA) does not extend to prospective applicants under a plain language reading of the...