SCOTUS Appoints Former Solicitor General to CFPB Case – NMP Skip to main content

SCOTUS Appoints Former Solicitor General to CFPB Case

Oct 24, 2019
The U.S. Supreme Court has appointed Paul Clement to argue in support of the Consumer Financial Protection Bureau (CFPB)

The U.S. Supreme Court has appointed Paul Clement to argue in support of the Consumer Financial Protection Bureau (CFPB) in its upcoming case to determine whether the agency’s leadership structure is unconstitutional.
The U.S. Supreme Court has appointed Paul Clement to argue in support of the Consumer Financial Protection Bureau (CFPB)
Clement served as U.S. Solicitor General during the George W. Bush administration and is a partner at the law firm of Kirkland & Ellis. He has appeared more than 95 times before the court.
 
Clement was appointed to defend the CFPB after the agency and the Department of Justice sided with the California debt relief firm Seila Law, which filed a petition asking the Supreme Court to decide whether the CFPB’s structure is constitutional. Seila lost its case before the 9th Circuit, but last week the Supreme Court agreed to hear the case.

 
About the author
Published
Oct 24, 2019
MaxClass: Education Meets Lead Generation

CEO Kelly Hendricks details how MaxClass and HomeQB are opening a new referral channel for originators

Fannie Mae Returns To Distressed-Loan Market With $214 Million Sale

The agency’s first nonperforming-loan offering in 13 months transfers 969 deeply delinquent mortgages to private buyers, including a small pool concentrated in Dallas-Fort Worth

Aug 20, 2026
Brief Refinance Shift Tests Mortgage Lenders’ Compliance Controls

Critical defect rate jumps 23.9% as math-based compliance findings expose the potential for one systemic error to affect loans across a lender’s book

Checkr Buys Truv To Move Mortgage Verification Beyond Documents

The acquisition adds consumer-permissioned payroll and banking data to Checkr’s mortgage platform while lenders confront increasingly convincing fabricated financial records

Aug 19, 2026
IMBs Make Most Mortgages. CHLA Says It’s Time They Got FHLBank Access.

As FHFA moves to give Federal Home Loan Banks more flexibility, the trade group is renewing its push to give qualified independent mortgage banks access to FHLBank membership and liquidity

Insuring The Risk To Lenders At Closing

Traditional protections like title insurance and closing protection letters may leave lenders exposed to significant settlement, funding, and fraud-related losses