NAMB Applauds the U.S. Court of Appeals Ruling on the PHH Case

NAMB—The Association of Mortgage Professionals applauds the ruling made by the U.S. Court of Appeals for the District of Columbia Circuit on the PHH Corp. v. CFPB case.

“NAMB applauds the decision made by the U.S. Court of Appeals today regarding PHH," said Fred Kreger, CMC, NAMB president. "This process shows that the U.S. Constitution’s process of checks and balances within the legal system is alive and well. Now that the constitutionality of the CFPB issue has been settled by the courts, the job of clarifying regulations and helping consumers get into a home can move forward."

Since 2011, the CFPB has been the watchdog for the American people through their work in advocating for consumer protection. NAMB commends their diligence in helping consumers navigate the mortgage process.