Townstone Financial
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Federal judge: CFPB can't use lending discrimination law to sue Townstone over 'innocuous' comments made on radio show
Mortgage broker Townstone Financial said the Consumer Financial Protection Bureau had attempted to use the lawsuit to illegally rewrite federal law and attack company officials for their speech. A judge said the law protects actual mortgage applicants from discrimination, not possible applicants -
SCOTUS decision may doom feds' efforts to sue Townstone Financial over execs' talk radio speech: New filing
Chicago mortgage broker Townstone Financial says federal banking regulators overreached in using anti-discrimination regulations to sue them for comments made on the radio by Townstone executives -
'Threat to everybody:' Townstone says feds mean to make example of them to expand regulatory power over lenders
Townstone Financial President Barry Sturner said he intends to continue fighting a federal regulatory complaint he said appears intended to chill speech federal agents disapprove of, under the rubric of fighting discrimination. -
Townstone Financial: Fed action stretches law to let feds impose hiring quotas, dictate marketing, silence speech
Mortgage lender Townstone FInancial has asked a federal court to dismiss an action from the Consumer Financial Protection Bureau, accusing Townstone of discrimination for "discouraging" potential Black applicants on radio shows and insufficient marketing aimed at Black people -
Feds say radio statements by Townstone Financial reps amount to 'redlining'; Townstone says it is attempt to 'cancel,' silence speech
Townstone Financial says the lawsuit is an attempt by activists to use the federal government to silence speech "the left" disagrees with.