PHH Raises White Flag In The Fight With The CFPB

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 […]

Supreme Court favors Quicken Loans in RESPA fee-splitting case

Kerri Panchuk, Housing Wire The U.S. Supreme Court ruled unanimously in favor of Quicken Loans, holding that the lender could charge loan discount fees under the Real Estate Settlement Procedures Act. Mortgage refinancing typically lowers monthly payments. Such a service, of course, comes at a cost and how those are charged is dictated by a subsection […]

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