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Tag Archives: CFPB

CFPB Asks Appeals Court to Rehear PHH Case

The Consumer Financial Protection Bureau has filed an en banc petition with the U.S. Court of Appeals for the District of Columbia over the court’s ruling last month that the Bureau’s structure is “unconstitutional” in the PHH Corp. lawsuit.

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Cordray: Servicers Still have Work to Do

Richard Cordray was not forthcoming with praise for the mortgage servicing industry during a speech on Tuesday, but instead spent most of his time highlighting work the CFPB has done to revive the mortgage industry.

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Structure of CFPB Ruled Unconstitutional

The U.S. Court of Appeals for the District of Columbia on Tuesday ordered a restructuring of how the CFPB operates within the executive branch, calling the Bureau’s structure “unconstitutional.”

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