CFPB's First Redlining Action Against a Non-Bank Lender: Key Takeaways

from Global Financial Markets Podcast by Mayer Brown · host Mayer Brown

On July 15, 2020, the Consumer Financial Protection Bureau filed a lawsuit against a Chicago-based mortgage lender, alleging that the company "redlined" African-American neighborhoods in the Chicago Metropolitan Statistical Area and discouraged prospective applicants from applying for mortgage loans on the basis of race. This marks the first time that a federal regulator has taken a public redlining action against a non-bank mortgage lender. Please join Mayer Brown attorneys Tori Shinohara and Jim Williams for a discussion of key takeaways for mortgage lenders.

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This episode is 30 minutes long.

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This episode was published on August 20, 2020.

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