Consumer Financial Protection Bureau v. Colony Ridge Development, LLC et al

  1. June 12, 2024

    The Loan Discrimination Suits Notching Through Fed. Courts

    Lawsuits over loan discrimination and the fallout faced by minority borrowers are being litigated in federal courts across the country, with banks, developers and the federal government facing claims.

  2. February 22, 2024

    Texas Developer Battles DOJ's 1st Predatory Mortgages Suit

    A Texas land developer is fighting back against a high-profile predatory lending lawsuit filed by the U.S. Department of Justice and Consumer Financial Protection Bureau, telling a Houston federal judge that the government's "reverse redlining" theory isn't legally sound and relies on sloppy loan comparisons.

  3. December 20, 2023

    DOJ, CFPB Hit Texas Lender With 1st Predatory Lending Suit

    The U.S. Department of Justice and the Consumer Financial Protection Bureau have brought a precedent-setting predatory lending suit against a Texas real estate developer and lender, alleging that it participated in a "bait and switch land sale scheme" that targeted Spanish-speaking borrowers.