WebFeb 3, 2024 · In an amended complaint, the CFPB alleged Townstone fraudulently transferred more than $2 million dollars from company accounts into Sturner’s accounts. The bureau accused Townstone and Sturner of engaging in the transfer with “actual intent to hinder, delay or defraud the bureau.” Web28. Townstone’s website and the Townstone Financial Show have described the hosts of the Townstone Financial Show as “Chicago real-estate experts.” 29. Starting at least as early as 2014, the Townstone Financial Show was conducted weekly on AM radio and reached the entire Chicago MSA. A weekly podcast of the radio show has been available ...
The Townstone Decision: Implications for the CFPB and Mortgage …
WebJul 17, 2024 · Townstone was a six-employee mortgage lender until 2024. Between 2014 and 2024, Townstone averaged only about $177 million in loan volume per year. Because … WebJul 20, 2024 · On July 15, 2024, the CPFB filed a complaint in federal court against Townstone Financial, Inc. (Townstone) representing the first ever redlining complaint … famous mathematicians women maryam mirzakhani
Townstone Financial Inc - Company Profile and News
WebFeb 6, 2024 · The complaint, filed by the CFPB in July 2024, alleged that Townstone Financial, Inc., a nonbank retail-mortgage creditor and broker based in Chicago, engaged in discriminatory acts or practices in violation of ECOA, including: (1) making statements during its weekly radio shows and podcasts through which it marketed its services, that ... WebJan 12, 2024 · This loan is fully amortized over a 15-year period and features constant monthly payments. It offers all the advantages of the 30-year loan, plus a lower interest rate—and you’ll own your home twice as fast. The disadvantage is that, with a 15-year loan, you commit to a higher monthly payment. WebJul 15, 2024 · – The Consumer Financial Protection Bureau (Bureau) today filed a lawsuit against Townstone Financial, Inc., a nonbank retail-mortgage creditor based in Chicago, … famous mathematicians women julia robi