Tag Archives: Equal Credit Opportunity Act

Colony Ridge developers settle with the state

This more or less wraps up the story. The owners of Colony Ridge, a Houston-area developer accused of running a predatory lending scheme that deceived Latinos, agreed to a sweeping legal settlement that will require them to invest in law … Continue reading

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Feds settle lawsuit with Colony Ridge developers

Noted for the record. Federal authorities and the Houston-area developer Colony Ridge have agreed to settle a lawsuit in which the government accused the company of duping Latino homebuyers into seller-financed mortgages that many defaulted on in a scheme that … Continue reading

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DOJ sues Colony Ridge developers

Major plot twist. The federal government is suing Colony Ridge, accusing the Houston-area developer of using fraudulent lending practices targeting tens of thousands of Latino buyers with false statements and predatory loans in rural Liberty County. The U.S. Department of … Continue reading

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