Colony Ridge Attempting to Settle Lawsuits, Avoid Trial - Reduce Flooding {"@context":"https://schema.org","@graph":[{"@type":"Article","@id":"https://reduceflooding.com/2025/12/24/colony-ridge-attempting-to-settl
Colony Ridge Attempting to Settle Lawsuits, Avoid Trial - Reduce Flooding
{"@context":"https://schema.org","@graph":[{"@type":"Article","@id":"https://reduceflooding.com/2025/12/24/colony-ridge-attempting-to-settl
Source: Reduce Flooding Blog - Bob Rehak
Date: 12/24/2025 12:04pm
Article Summary:
"Colony Ridge Aims to Settle Lawsuits Over Predatory Practices and Flood Risk, Avoiding Trial"
Colony Ridge is in the process of settling lawsuits with the U.S. Department of Justice and the Consumer Financial Protection Bureau to avoid trial over allegations of predatory lending and illegal land sales targeting Hispanic consumers. The settlement stems from accusations that Colony Ridge engaged in a "foreclosure mill," selling flood-prone properties with misleading financial terms, resulting in numerous foreclosures. Though settlement negotiations are ongoing, the potential agreement acknowledges the claims against Colony Ridge, offering some vindication for affected families but not restoring their lost quality of life.
Read article here »
Date: 12/24/2025 12:04pm
Article Summary:
"Colony Ridge Aims to Settle Lawsuits Over Predatory Practices and Flood Risk, Avoiding Trial"
Colony Ridge is in the process of settling lawsuits with the U.S. Department of Justice and the Consumer Financial Protection Bureau to avoid trial over allegations of predatory lending and illegal land sales targeting Hispanic consumers. The settlement stems from accusations that Colony Ridge engaged in a "foreclosure mill," selling flood-prone properties with misleading financial terms, resulting in numerous foreclosures. Though settlement negotiations are ongoing, the potential agreement acknowledges the claims against Colony Ridge, offering some vindication for affected families but not restoring their lost quality of life.
Read article here »