Townstone To Pay $105K In Redlining Settlement

Townstone To Pay $105K In Redlining Settlement

ByTMN Editor Reading Time: 2 minutes

Mortgage broker Townstone Financial is set to pay a $105,000 penalty to resolve redlining allegations in Chicago. The Consumer Financial Protection Bureau filed a proposed order to resolve its case against Townstone for discriminatory lending practices and redlining in predominantly Black Chicago neighborhoods. The order would stop Townstone from “taking any actions that violate the…

Atlanta On The Front Line Of Build-To-Rent Trend

Atlanta On The Front Line Of Build-To-Rent Trend

ByTMN Editor Reading Time: 5 minutes

By SCOTT KIMBLER Metropolitan Atlanta is the largest housing market in the Southeast and the city is leading the country in the trend of neighborhoods being built solely for the purpose of renting out single-family homes. This trend appears to be new as corporate investing in real estate has grown exponentially in recent years, but…

End of content

End of content