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MoFo Reenforcement The Enforcement Blog

PHH v. CFPB: Beyond the Headlines, A Big Win For Industry

Posted in CFPB, Mortgage

The D.C. Circuit’s long-awaited en banc decision in PHH v. CFPB upheld the constitutionality of the CFPB’s single-director structure in the face of a constitutional attack.  But don’t be fooled by the headlines:  under-the-radar parts of the decision were  big wins for the mortgage industry and the rule of law.

Read our client alert.