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​​​​​​​7th Circ. Vacates $59M CFPB Penalty Against Mortgage Firms


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​​​​​​​7th Circ. Vacates $59M CFPB Penalty Against Mortgage Firms
Law360 (July 23, 2021, 11:19 PM EDT) The Seventh Circuit on Friday ruled that while the Consumer Financial Protection Bureau was correct to find that two now-defunct mortgage relief law firms and their principals accused of scamming struggling homeowners weren t practicing law, further proceedings are needed to recalculate the approximately $59 million judgment awarded to the bureau.
A three-judge panel unanimously ruled in their 29-page opinion that a recent U.S. Supreme Court decision weighed in favor of vacating parts of the judgment against The Mortgage Law Group LLP, associated company Consumer First Legal Group LLC and their founding partners. The principals previously argued that the restitution order was. ....

Consumer Financial Protection Bureau , Us Supreme Court , Consumer First Legal Group , Mortgage Law Group , Seventh Circuit , நுகர்வோர் நிதி ப்ரொடெக்ஶந் பணியகம் , எங்களுக்கு உச்ச நீதிமன்றம் , நுகர்வோர் முதல் சட்டப்பூர்வமானது குழு , அடமானம் சட்டம் குழு , ஏழாவது சுற்று ,

CFTB Can't Regulate Mortgage Relief Firms, 7th Circ. Told

The principals of two now-defunct mortgage relief law firms accused of scamming struggling homeowners urged the Seventh Circuit on Tuesday to throw out a roughly $59 million judgment for the Consumer Financial Protection Bureau, saying the agency doesn't have the authority to regulate the practice of law. ....

Consumer Financial Protection Bureau , Consumer First Legal Group , Mortgage Law Group , Seventh Circuit , நுகர்வோர் நிதி ப்ரொடெக்ஶந் பணியகம் , நுகர்வோர் முதல் சட்டப்பூர்வமானது குழு , அடமானம் சட்டம் குழு , ஏழாவது சுற்று ,

CFPB Can't Regulate Mortgage Relief Firms, 7th Circ. Told


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CFPB Can t Regulate Mortgage Relief Firms, 7th Circ. Told
Law360 (January 12, 2021, 7:27 PM EST) The principals of two now-defunct mortgage relief law firms accused of scamming struggling homeowners urged the Seventh Circuit on Tuesday to throw out a roughly $59 million judgment for the Consumer Financial Protection Bureau, saying the agency doesn t have the authority to regulate the practice of law.
The CFPB said in its 2014 lawsuit that the The Mortgage Law Group LLP, associated company Consumer First Legal Group LLC and their founding partners swindled clients into paying illegal upfront fees for mortgage assistance legal help that wasn t delivered as promised. But not only is the case an overreach of the agency s authority, it hasn t proved. ....

Consumer Financial Protection Bureau , Consumer First Legal Group , Mortgage Law Group , Seventh Circuit , நுகர்வோர் நிதி ப்ரொடெக்ஶந் பணியகம் , நுகர்வோர் முதல் சட்டப்பூர்வமானது குழு , அடமானம் சட்டம் குழு , ஏழாவது சுற்று ,