The decision in PHH Corp.’s case against the Consumer Financial Protection Bureau (CFPB) played a major role in a federal appellate court’s recent opinion declaring the structure of the Federal Housing Finance Agency (FHFA) to be unconstitutional.
The Fifth Circuit Court of Appeals’ FHFA ruling was the second time in a month that a federal regulatory body was deemed unconstitutional.
Read on to find out what the majority panel found in Collins v. FHA.
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