Acting director Russell Vought claims bureau “abused its power” in redlining case against Townstone Financial that dragged on for four years, to “further the goal of mandating DEI in lending.”
Source: Inman News
CFPB cites DEI in push to kill $105k settlement with mortgage broker
Published in Barry Sturner, CFPB, chicago, Consumer Financial Protection Bureau, Dan Bishop, diversity equity and inclusion, ecoa, elon musk, Equal Credit Opportunity Act, Freedom of speech, Kathy Kraninger, Mark Paoletta, marx sterbcow, Mortgage, omb, Pacific Legal Foundation, Regulations, Russell Vought, san diego, Select, Steve Simpson, Townstone Financial and Townstone Financial Inc.
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