The U.S. Court of Appeals for the District of Columbia Circuit finally ruled on the landmark case between the Consumer Financial Projection Bureau and PHH in favor of the CFPB. The decision significantly lengthens the timeline for knowing the fate of the bureau and its director, Richard Cordray. So what’s likely to happen now? Alan Kaplinsky, partner and leader of Ballard Spahr’s Consumer Financial Services Group, explains what he thinks will happen.
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