Why State AGs Are Jumping into the PHH Case
Attorneys General from 16 states are seeking to intervene in the PHH appeal. They claim the circumstances of changed because the new Administration “has indicated that it may not continue an effective defense of the statutory for-cause protection of the CFPB director” and “[a] significant probability exists that the pending petition for rehearing will be withdrawn, or the case otherwise rendered moot, in a way that directly prejudices the interests of the State Attorneys General and the citizens of the States that they represent.” [1/26/17]
