Home / Tag Archives: Lawsuits (page 2)

Tag Archives: Lawsuits

PHH Cries Foul, Claims CFPB Abused Its Power

The trial in the case of PHH Corp. v. CFPB is set to begin Tuesday. This is a landmark case because it is the first time in the almost five-year history of the CFPB that a company has judicially challenged a penalty handed down by the Bureau.

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Banks Come Out Winners in RMBS Case

For the most part, when being investigated over their pre-crisis residential mortgage-backed securities practices, the nation’s largest banks have come out having to pay billions of dollars in settlements and penalties.

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Freddie Mac Drops Suit Against Deloitte

The GSE filed the suit in September 2014 accusing the accounting firm of "gross negligence" regarding the auditing of certain mortgage loans Freddie Mac purchased from Taylor Bean & Whitaker before the housing crash.

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