Consumer Financial Agency Testing Its 'Aggressive Ability to Investigate'

Settlement with Discover Financial Services aside, the hot topic among lawyers who closely follow the Consumer Financial Protection Bureau is a little-noticed petition by mortgage lender PHH, which has filed the first-ever challenge to a CFPB civil investigative demand, calling the agency's request for information "overly broad and unduly burdensome."

Source: http://www.law.com/jsp/law/sign_me_in.jsp?article=http://www.law.com/jsp/nlj/PubArticleNLJ.jsp?id=1202572673022&rss=newswire

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