Morning Wire The Fall of Colony Ridge: How a Texas Mega-Development Got Brought to Heel | 2.16.26
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Feb 16, 2026 
Brent Scher, Daily Wire editor and reporter who unpacks political and policy stories, walks through the $68M settlement over Colony Ridge. He discusses predatory owner-financed loans and marketing aimed at Spanish speakers. He covers federal lawsuits, policing and infrastructure funds, visa/ID purchase rules, and concerns about cartel activity and law enforcement gaps.
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Targeted Spanish-Language Marketing Drove Growth
- Colony Ridge marketed aggressively to Spanish speakers with loans that avoided social security requirements.
- That business model created concentrated growth of likely undocumented residents and attracted national scrutiny.
Predatory Lending Triggered Federal Lawsuit
- The CFPB sued Colony Ridge for predatory lending described as a bait-and-switch on Hispanic buyers.
- Loans had sky-high interest rates and sold poor-quality land that often led to foreclosure.
Settlement Focuses On Fixes, Not Cash To Buyers
- The settlement is structured as $68 million to fix infrastructure and public safety, not direct payouts.
- It requires traditional loans and valid Texas ID or new visas, blocking the previous loopholes used by undocumented buyers.