Benjamin K. Olson Quoted in a Bloomberg BNA Article, “Constitution Aside, Other Big Questions in CFPB Case”
Bloomberg BNABenjamin K. Olson
Benjamin K. Olson was quoted on May 26, 2017 in a Bloomberg BNA article, “Constitution Aside, Other Big Questions in CFPB Case.” The article discussed the oral arguments before the federal appeals court in PHH Corp. v. Consumer Financial Protection Bureau, and the judge’s focus on the CFPB’s constitutionality, but also noted some key issues that were not raised involving the Real Estate Settlement Procedures Act, due process, and whether certain CFPB actions are subject to a statute of limitations.
Olson observed that the judges didn’t show much interest in reconsidering the panel’s conclusions on RESPA, but also said a clear answer will have to wait. “We will not know what they really think until we have a written decision, which is likely to be months from now.”