CFPB Appeals Dismissal Of Discriminatory Lending Suit Claims To 7th Circuit

(April 13, 2023, 9:07 AM EDT) -- CHICAGO — The Consumer Financial Protection Bureau (CFPB) has asked the Seventh Circuit U.S. Court of Appeals to review an Illinois federal judge’s ruling that the agency failed to sufficiently plead that a mortgage lender engaged in discrimination against prospective African-American mortgage borrowers by allegedly discouraging them from applying for mortgage loans in the Chicago metropolitan area in violation of the Equal Credit Opportunity Act (ECOA), according to a notice of appeal filed in the federal appellate court....