CFPB Gets Smacked Down by Federal Court

From Housing Wire: CFBP has good intentions but the power it yields was really over the top.  I think it's good to see some checks on their ability to levy indiscriminate fines. See link below for the article

http://www.housingwire.com/articles/38252-phh-wins-landmark-victory-cfpb-ruled-unconstitutional?eid=360664724&bid=1553352#.V_0kX75_yFI.facebook