CFPB
Trident Mortgage Company, LP
July 27, 2022
Summary
The CFPB and DOJ filed a complaint and proposed consent order against Trident Mortgage Company, LP, alleging it violated ECOA/Regulation B and CFPA by deliberately discriminating against minority mortgage applicants. The court entered a consent order on September 14, 2022, imposing injunctive relief and a civil money penalty of more than $22 million. In June 2025, the court terminated the consent order and dismissed the case with prejudice.
AI-generated summary · Oct 23, 2026. Verify with your compliance counsel before acting.
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Trident Mortgage Company, LP
On July 27, 2022, the Bureau, together with the United States Department of Justice (DOJ), filed a complaint and proposed consent order to resolve their allegations against Trident Mortgage Company, LP (Trident). The Bureau’s and DOJ’s joint complaint alleged that Trident violated the Equal Credit Opportunity Act, Regulation B, and the Consumer Financial Protection Act of 2010. The consent order, which the court entered on September 14, 2022, imposed injunctive relief and a civil money penalty. The states of Delaware, New Jersey, and Pennsylvania entered into concurrent agreements with Trident.
On May 23, 2025, the Bureau and the DOJ filed an unopposed motion to terminate the consent order and dismiss with prejudice. On June 2, 2025, the court terminated the September 14, 2022 consent order and dismissed the case with prejudice.
Related Documents
Order Terminating Consent Order and Dismissing with Prejudice
Press Release
Page last modified Feb. 19, 2026 @ 01:07 PM EST
Action Details
Forum
- Civil Action
Court
U.S. District Court for the Eastern District of PennsylvaniaDocket number
2:22-cv-02936
Initial filing date
JUL 27, 2022
Products
- • Fair Lending
- • Mortgage Origination
Source: https://www.consumerfinance.gov/enforcement/actions/trident-mortgage-company-lp/
Common questions
- What does "Trident Mortgage Company, LP" cover?
- The CFPB and DOJ filed a complaint and proposed consent order against Trident Mortgage Company, LP, alleging it violated ECOA/Regulation B and CFPA by…
- Which agency issued this update?
- This update was issued by CFPB.
- When was it published?
- It was published on July 27, 2022.