In a 110-page decision, the Court of Appeals for the District of Columbia (the court) largely agreed with PHH and overruled the decisions of the Consumer Financial Protection Bureau (CFPB). The court ruled that the structure of the CFPB was unconstitutional, that so-called “captive reinsurance” was permissible, that section 8(c) does in fact contain safe […]
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http://rismedia.com/2016/10/12/expert-commentary-major-victory-in-phh-case/
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