On February 16, 2017, the U.S. Court of Appeals for the D.C. Circuit granted the Consumer Financial Protection Bureau’s (CFPB) petition for rehearing by the full bench of the D.C. Circuit (en banc), vacating the three-judge panel decision issued on October 11, 2016, in the case of CFPB v. PHH Corporation.
Recall that in October, the three-judge panel vacated a $109 million penalty imposed by the CFPB against PHH for allegedly violating the Real Estate Settlement Procedures Act (RESPA) by paying for referrals where there is… Read More
No comments:
Post a Comment