The CFPB dinged two Citi subsidiaries for using excessive paperwork and deceptive practices to hinder borrowers trying to save their homes.
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Judges Grant a Stay to PHH Corp. for Paying CFPB’s Penalty
Almost immediately, PHH and its lawyers, Los Angeles-based Gibson Dunn & Crutcher, petitioned the District of Columbia U.S. Circuit Court of Appeals to “modify or set aside civil investigative demand” while the company made its case against what it called an abuse of power by the CFPB
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