CFPB Seeks to Vacate Abusive, Unjust Case Against Townstone A small business complained about skyrocketing crime in Chicago, CFPB made their life hell WASHINGTON, D.C. – Today, the Acting Director of the Consumer Financial Protection Bureau (CFPB) Russ Vought is seeking to vacate the settlement the CFPB extracted from Townstone after a seven-year harassment saga. Using a “redlining screen” based on an arbitrary number of mortgages, CFPB set out to destroy a small Midwest firm with about ten employees and a radio program called Townstone Financial. After a thorough review, the CFPB is seeking to make Townstone whole by returning the six-figure penalty they were forced to pay.
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Media Coverage · April 18, 2026
The parties reported a settlement.
newspaper Read articleCFPB Seeks to Vacate Abusive, Unjust Case Against Townstone A small business complained about skyrocketing crime in Chicago, CFPB made their life hell WASHINGTON, D.C. – Today, the Acting Director of the Consumer Financial Protection Bureau (CFPB) Russ Vought is seeking to vacate the settlement the CFPB extracted from Townstone after a seven-year harassment saga. Using a “redlining screen” based on an arbitrary number of mortgages, CFPB set out to destroy a small Midwest firm with about ten empl
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The parties reported a settlement.
CFPB Seeks to Vacate Abusive, Unjust Case Against Townstone A small business complained about skyrocketing crime in Chicago, CFPB made their life hell WASHINGTON, D.C. – Today, the Acting Director …
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