There is no debate that the effects of redlining are still felt today.  And that lenders increasingly are adopting programs and lending strategies designed to address the mistakes of the past and acknowledging persisting harm.

On July 15, 2020, the CFPB filed a lawsuit in federal district court in the Northern District of Illinois against Townstone Financial Inc. alleging redlining in violation of ECOA.  Townstone is a complicated case. It implicates ECOA, general rulemaking authority under consumer finance statutes, free speech and politics. 

Richard Horn, former CFPB attorney, and Sean Burke, counsels to Townstone, will discuss the nuances of the case and what other lenders can learn from the allegations and the CFPB’s perspective on fair lending claims.

Speakers: 

Richard Horn, Co-Manging Partner, Garris Horn LLP
Sean Burke, Founding Partner, Mattingly Burke Cohen & Biederman LLP 

Date: June 17, 2021 
Time: 12:00 - 1:00 pm ET
Location: Zoom Webinar (information will be emailed in your confirmation email)
Cost: Members: $5.00 suggested donation (no charge registration is available)  
         Non-Members: $10 donation