2018-07-20mortgagenewsdaily.com

``The ruling not only is another blow to GSE shareholders who have brought multiple suits, it also could have implications for the Consumer Financial Protection Bureau (CFPB).  Like FHFA, CFPB was established by the Housing and Economic Recovery Act of 2008 (HERA) in response to the financial crisis, has a single director, and that  director is somewhat protected from executive oversight by a set term. CFPB is also the subject of suits challenging its legality on those points.''



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