CFPB seeks settlement in Townstone Financial redlining dispute

The Consumer Financial Protection Bureau (CFPB) on Friday announced that it is seeking a settlement with…

Chicago housing market normalizing after unprecedented volatility during the pandemic

Like many other big cities across the country, the COVID-19 pandemic wasn’t kind to Chicago. People…

CFPB’s authority affirmed in appeal against Townstone Financial

The Consumer Financial Protection Bureau (CFPB) has broad authority under the Equal Credit Opportunity Act (ECOA)…

Guaranteed Rate announces its rebrand to ‘Rate’

Chicago-based Guaranteed Rate, one of the country’s largest mortgage lenders, has rebranded to Rate. The company…