PHH Raises White Flag With CFPB In Fight Over CFPB’s Constitutionality PHH raises the white flag and will not pursue the case to the Supreme Court. The Court of Appeals for the District of Columbia ruled last year to uphold the constitutionality of the CFPB. Therefore, the ruling will stand as the law of the land. According to multiple outlets, the May 1st deadline […]
PHH Raises White Flag In The Fight With The CFPB Read Post »
Court of Appeals Reverses Earlier Decision Declares Consumer Financial Protection Bureau Constitutional The Court of Appeals for the District of Columbia reversed their October 2016 decision that declared the leadership structure of the Consumer Financial Protection Bureau unconstitutional. The original decision vacated a $100 million fine levied by the Consumer Financial Protection Bureau against PHH Corporation. A three-judge panel heard
Consumer Financial Protection Bureau Declared Constitutional Read Post »
NYDFS Investigation Found PHH Mortgage Failed To Maintain Single Foreclosed Property New York has issued its first fine under its new Zombie Home Law. The lucky recipient is PHH Mortgage. The state of New York enacted the laws in 2016 to address the state’s issues with zombie homes. New York requires lenders and mortgage servicers to report
NYDFS Slaps PHH Mortgage With $119,000 Fine For One Property Read Post »
Disabled US Marine Jacob McGreevey Fights PHH Mortgage And Their Trump Allies In Washington To Reclaim His Illegally Foreclosed Home PHH Mortgage apparently had no idea how badly they screwed the pooch with one single decision in 2010. In that one moment, some nameless manager at PHH Mortgage made the decision to foreclose on Jacob McGreevey. The McGreevey foreclosure would come back to haunt PHH Mortgage. The foreclosure
Disabled US Marine Takes On PHH Mortgage And Trump Administration Read Post »
Are Investors Losing Their Patience With the Hits PHH Keeps Taking? PHH Corporation announced today that CEO Glen Messina is stepping down. Messina will be stepping down as both CEO and President of the Board. Messina’s replacement will be current CFO Rob Crowl. Messina’s replacement will be current CFO Rob Crowl. Some Analysts pointed out this
Is PHH Heading To The Auction Block? Read Post »
