The Plot Thickens: U.S. Court of Appeals to Hear CFPB Case | Auto Finance News | Auto Finance News

The Plot Thickens: U.S. Court of Appeals to Hear CFPB Case

Gavel BookOn Feb. 16, the U.S. Court of Appeals for the  D.C. Circuit agreed to rehear en banc PHH Corp. v. The Consumer Financial Protection Bureau. Oral argument is set for May 24. As you may recall, the Consumer Financial Protection Bureau alleged that PHH Corp. had accepted illegal kickbacks from captive mortgage reinsurance companies, thus violating the Real Estate Settlement Procedures Act.

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