The mortgage industry didn’t need any more uncertainly but it’s here now that a federal appeals court ruling has cast a cloud over Richard Cordray’s appointment last year to be the first director of the Consumer Financial Protection Bureau.

A U.S. District of Columbia Circuit Court has invalidated recess appointments that President Obama made to the National Labor Relations Board—not to the CFPB.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry