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The CFPB Picked The Wrong Fight And PHH Hit Back Hard

(4 minute read) Last week the United States Court of Appeals for the District of Columbia reversed the 2014 CFPB victory against PHH Mortgage over reinsurance kickbacks. The punitive $109,000,000 fine levied by Director Richard Cordray was vacated. Back in February of 1990, then heavyweight champion Mike Tyson fought underdog journeyman Buster [...]
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