Federal Judge Rules CFPB’s Structure Is Unconstitutional

June 22, 2018 by Matt Vespa   The Consumer Financial Protection Bureau has been a target of conservatives. It’s currently part of the larger war against Trump as some disgruntled staffers are reportedly using encrypted devices to communicate with one another. They’re known as “Dumbledore’s Army.” No, I’m not kidding.  It all stems from the … More Federal Judge Rules CFPB’s Structure Is Unconstitutional

Head of Consumer Financial Protection Bureau Resigns, Giving Trump Chance to Abolish It

Nov 15, 2017 by  Bob Adelmann   Richard Cordray, the rogue head of the unaccountable Consumer Financial Protection Bureau (CFPB), announced on Wednesday that, effective at the end of the month, he would be leaving his post. His term doesn’t run out until July of 2018, but he’s leaving early with no reason being offered. In an internal … More Head of Consumer Financial Protection Bureau Resigns, Giving Trump Chance to Abolish It

OCWEN STOCK TANKING IN WAKE OF CEASE AND DESIST ORDER

  Update: The Consumer Financial Protection Bureau just sued Ocwen for “failing borrowers throughout mortgage servicing process.  It says “mortgage servicer’s widespread errors, shortcuts, and runarounds cost borrowers money, homes.” CFPB Press Release CFPB Complaint The Commissioner of Financial Regulation for the State of Maryland issued a Summary Order to Cease and Desist and Partial … More OCWEN STOCK TANKING IN WAKE OF CEASE AND DESIST ORDER

VIDEO PHH wins landmark victory: CFPB ruled unconstitutional

Mortgage lender triumphs over CFPB in fight over $103 million fine October 11, 2016 by Ben Lane What was once unthinkable actually happened, as the United States Court of Appeals for the District of Columbia Circuit handed an earth-shattering victory to PHH, declaring the Consumer Financial Protection Bureau’s leadership structure unconstitutional and vacating a $103 million fine … More VIDEO PHH wins landmark victory: CFPB ruled unconstitutional

Fannie, Freddie and the Secrets of a Bailout With No Exit

May 20, 2016 By GRETCHEN MORGENSON    When Washington took over the beleaguered mortgage giants Fannie Mae and Freddie Mac during the collapse of the housing market and the financial crisis of 2008, it was with the implicit promise that they would be returned to shareholders after being nursed back to health. But now, with the … More Fannie, Freddie and the Secrets of a Bailout With No Exit

#FannieGate: 9th Circuit rules that Fannie and Freddie are private companies

Decision could affect Delaware case on legality of net worth sweep March 3, 2016 Sarah Wheeler A decision by the Ninth Circuit Court of Appeals yesterday could have big implications for a Delaware case where plaintiffs are arguing that Fannie Mae and Freddie Mac are Delaware corporations and therefore are subject to state, not federal law. … More #FannieGate: 9th Circuit rules that Fannie and Freddie are private companies

The House Of Representatives Files Motion For Summary Judgment In ACA Challenge

  December 2, 2015 by  Jonathan Turley This evening, the United States House of Representatives filed its motion for summary judgment in its lawsuit against the unilateral actions taken by the Administration under the Patient Protection and Affordable Care Act. Three months ago, Judge Rosemary Collyer rejected a motion to dismiss the case by the … More The House Of Representatives Files Motion For Summary Judgment In ACA Challenge

Government-Sanctioned Speech, Amicus brief in Pro-Football, Inc. v. Amanda Blackhorse

November 06, 2015 The Rutherford Institute has asked a federal appeals court to reject a lower court ruling that confers sweeping power on the government to police private ideas and equates a trademark registration with a form of government-sanctioned speech. Weighing in before the U.S. Court of Appeals for the Fourth Circuit in Pro-Football, Inc. … More Government-Sanctioned Speech, Amicus brief in Pro-Football, Inc. v. Amanda Blackhorse

SCOTUS Takes Cases Challenging ObamaCare Birth Control Mandate

NOVEMBER 6, 2015 The Supreme Court has decided to take up all seven of the cases challenging the Obamacare mandate that requires workplaces to provide birth control to female employees. The most notable of these seven petitioners are the Little Sisters of the Poor, a Catholic organization that provides housing and care for the elderly … More SCOTUS Takes Cases Challenging ObamaCare Birth Control Mandate

Beware of Institutional Vulture Debt Buyers and Default Judgments

October 30, 2015 by findsenlaw Vulture debt buyers are buying up questionable debt (credit card, student loan, auto, you name it) for pennies on the dollar and filing lawsuits in volume, obtaining default judgments in bulk, on junk evidence. The CFPB is going to step in with some new rules. Full article in the American … More Beware of Institutional Vulture Debt Buyers and Default Judgments