CFPB Enters into Consent Orders with Reverse Mortgage Companies to Settle Alleged Advertising Violations

By | CFPB Monitor | December 8, 2016

The CFPB announced that it entered into consent orders with three reverse mortgage companies to settle the CFPB’s allegations that the companies engaged in deceptive advertising in violation of the Mortgage Acts and Practices-Advertising Rule (Regulation N) and the Consumer Financial Protection Act. 

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How Does the PHH Case Impact Presidential Authority to Remove Director Cordray?

By | CFPB Monitor | December 1, 2016

A blog post entitled “The President’s Removal Power and the PHH Litigation” by Aditya Bamzai, an Associate Professor of Law at the University of Virginia School of Law, challenges the assumption of many observers that the new President would have to let the PHH litigation run its course before acting to remove Director Cordray.

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