On December 3, the U.S. District Court for the Southern District of Texas lifted a stay in a case brought by the CFPB against several affiliated defendants, following a lapse in federal appropriations that had stayed proceedings. The notice highlighted that, following the government reopening, the court reinstated the case and extended the deadline for the parties’ joint status report on settlement negotiations to December 9.

As previously covered by InfoBytes, the CFPB and DOJ filed a complaint against four affiliated land development companies alleging bait-and-switch land sales and predatory financing. The case had been stayed in favor of the parties pursuing mediation efforts (also covered here).