The Consumer Financial Protection Bureau has won a round in a contentious lawsuit that was previously filed by PHH Corp.
PHH’s lawsuit sought to rein in the CFPB’s June 2015 order requiring it to pay $109 million over kickbacks received for reinsurance.
The CFPB’s order reversed a November 2014 recommendation by an administrative law judge calling for PHH to disgorge over $6 million.
Source: Mortgage Daily
