CFPB Says It Is Entitled To Deference In $109M PHH Penalty

By Evan Weinberger (December 7, 2015, 12:27 PM EST) -- The Consumer Financial Protection Bureau on Friday said that it acted properly in assessing a $109 million mortgage kickback penalty against PHH Mortgage Corp., and that the firm's call for leniency in overturning the decision should be rejected....

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