In an extraordinary move stemming from a 2020 redlining lawsuit, an official working with the Consumer Financial Protection Bureau (CFPB) at the behest of the White House Office of Management and Budget (OMB) alleges that the bureau improperly sought a lawsuit against Chicago-based nonbank mortgage lender and brokerage Townstone Financial, according to court filings reviewed by HousingWire.

Dan Bishop, who said he is employed as a senior adviser to OMB under the direct supervision of the office’s head, Russell Vought, testified that Vought directed him to “undertake a details ⇒

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