The Consumer Financial Protection Bureau (CFPB) has filed a proposed order to resolve charges that Townstone Financial, a nonbank mortgage broker and lender, intentionally discriminated against predominantly Black neighborhoods in Chicago in violation of the Equal...
Madison, Wisconsin-based Fairway Mortgage Corporation has agreed to a nearly $10 million settlement of redlining charges brought by the Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB), with the company claiming the probe into its...
The Federal Trade Commission (FTC) announced a settlement with Marriott International Inc. (NASDAQ: MAR) and its subsidiary Starwood Hotels & Resorts Worldwide LLC related to three large data breaches between 2014 to 2020 impacting more than 344 million customers...
The U.S. Department of Justice (DOJ) announced its first redlining settlement with a credit union in its $6.5 million agreement with the $6 billion-assets Citadel Federal Credit Union. The DOJ alleged that Citadel failed to provide mortgage lending services to...
The National Association of Realtors (NAR) has requested the U.S. Supreme Court to review whether the U.S. Department of Justice (DOJ) has the right to reopen an antitrust investigation that was resolved in a 2020 settlement. NAR’s writ of certiorari argues that the...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
