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A federal appeals court has made it easier for the US Consumer Financial Protection Bureau (CFPB) to address housing discrimination, specifically redlining. The Seventh Circuit's decision on Thursday revives the CFPB's first case against a non-bank mortgage lender accused of discouraging prospective applicants from applying for loans in majority-Black neighborhoods. The decision marks a significant step in the CFPB's efforts to combat housing discrimination.
The CFPB should be allowed to pursue claims that a mortgage lender illegally disparaged majority-Black neighborhoods, the Seventh Circuit said Thursday, finding the agency was empowered to enforce violations against prospective borrowers. https://t.co/nmVwcCylxy https://t.co/ksd53EP8AZ
POLITICO Pro | Article | CFPB moves to ban medical debt from credit reports https://t.co/pasQTRgCKH
Yesterday, an appellate court issued an important decision in favor of the @CFPB, making clear lenders cannot discriminate against prospective applicants by discouraging them from applying for loans. https://t.co/ZuUhQzzFxO
