The DC Circuit’s Big CFPB Ruling Carries Wide Implications. Here’s What’s Next

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However, regardless of whether PHH pursues an appeal, in unanimously reinstating the DC Circuit’s october 2016 ruling as to the RESPA issues, the decision has some important implications for the settlement services industry. The decision may provide support for other activities that rely on the Section

The DC Circuit’s big cfpb ruling Carries Wide Implications. Here’s What’s Next. Either side could decide to take the dispute to the U.S. Supreme Court, and things could get tricky there. For the moment, the D.C. Circuit’s ruling in PHH v. CFPB keeps the status quo-the president can only remove the agency director for cause, not at will,

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Gibson Dunn’s Ted Olson Puts New Squeeze on Consumer Bureau. A team from Gibson Dunn fought the CFPB in the D.C. Circuit-and now they’re in the Fifth Circuit challenging the agency’s single-director design.

A team from Gibson Dunn fought the CFPB in the D.C. Circuit-and now they’re in the Fifth Circuit challenging the agency’s single-director design. Will one of these cases reach the U.S. Supreme.

Eric Mogilnicki is quoted by The National Law Journal in an article regarding the significance of a federal appeals court ruling upholding the lawfulness of the CFPB’s single-director structure. "The combination of that opinion and Acting Director Mulvaney’s recent statement that the bureau would stop ‘pushing the envelope’ on enforcement matters will provide PHH with strong arguments for why the case should be dropped," says Mogilnicki.

The DC Circuit’s Big CFPB Ruling Carries Wide Implications. Here’s What’s Next The decision Wednesday upholding the agency’s power structure won’t be the last word.

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Nation’s second-highest court upholds reversal of the CFPB’s enforcement ruling, but finds CFPB structure constitutional. Moving forward, if this holding survives a possible appeal in the U.S. Supreme Court by the White House or from PHH Corp., this decision will likely have major implications for government enforcement agencies and anyone that is targeted in an enforcement action.

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