PHH Prevails in Rejecting Intervenors in CFPB Dispute
February 9, 2017
Late last week, a three-judge panel of the U.S. District Court of Appeals for the District of Columbia Circuit agreed with arguments made by PHH Corp. and blocked three separate efforts to intervene in the dispute the lender has with the Consumer Financial Protection Bureau. In a simple, single-page order, the three judges "ordered that the motions be denied." The ruling affects...
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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