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David Beats Goliath: Mortgage Lender Takes Down CFPB

by Banker & Tradesman | Oct 12, 2016

Mortgage lender PHH landed a knock-down blow against the CFPB yesterday when three justices from the U.S. Court of Appeals for the D.C. circuit – in a 110-page decision – unanimously declared the bureau’s leadership structure unconstitutional and vacated a $103 million fine against the lender.

David Beats Goliath: Mortgage Lender Takes Down CFPB

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