2013-01-26mortgagenewsdaily.com

``The Office of White House Counsel has not yet reacted to the decision but it is nearly certain they will appeal it to the Supreme Court. If allowed to stand the Appeals Court ruling invalidates dozens of decisions made by the NLRB over the last year. Cordray's appointment is being challenged in a separate court case which could have similar implications for the copious rulemaking done by CFPB under his directorship.''



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