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CFPB & DOJ to file suit against company for advertising on conservative AM radio station
Posted on 8/4/19 at 11:17 pm
Posted on 8/4/19 at 11:17 pm
This is just too insane not to share here on this board. According to the article the CFPB/DOJ are going to use a little known ECOA rule to say advertising on conservative radio is discriminatory.
“Sources have told The Title Report that the target of the investigation is a small, three-person mortgage company located in Chicago, which marketed their services on a conservative AM radio station in the area. The Title Report reached out to legal counsel for the firm but has not gotten a response.
If the regulators file expected allegations, sources said the lawsuit could effectively end the industry’s ability to market and advertise their services through a variety of channels, including trade publications, online media, newspapers, radio stations and TV for fear of regulators charging companies with ECOA violations based on the predominant demographics or political leanings of each media outlet“
Title Report
“Sources have told The Title Report that the target of the investigation is a small, three-person mortgage company located in Chicago, which marketed their services on a conservative AM radio station in the area. The Title Report reached out to legal counsel for the firm but has not gotten a response.
If the regulators file expected allegations, sources said the lawsuit could effectively end the industry’s ability to market and advertise their services through a variety of channels, including trade publications, online media, newspapers, radio stations and TV for fear of regulators charging companies with ECOA violations based on the predominant demographics or political leanings of each media outlet“
Title Report
This post was edited on 8/4/19 at 11:19 pm
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Posted on 8/5/19 at 5:59 pm to MrLSU
Hello fascism, my old friend.
This post was edited on 8/5/19 at 6:06 pm
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