The Justice Dept. and the Consumer Finance Protection Bureau filed a lawsuit against Texas developer Colony Ridge, accused of targeting Hispanics with predatory loans, false advertising and subpar housing as part of an illegal land scheme.
The Justice Department and Consumer Financial Protection Bureau (CFPB) have jointly filed a lawsuit against Colony Ridge, accusing the company of engaging in an illegal land sales scheme that allegedly targeted tens of thousands of Hispanic borrowers through deceptive practices and predatory loans.
Texas-based developer, lender sued for targeting Hispanic borrowers yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.