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Will Recent Efforts To Defang The CFPB Succeed?

Wednesday, November 2, 2016
Nora Caley | Mortgage Orb
Yana Miles

Yana Miles, a policy counsel for the Center for Responsible Lending in Washington, D.C., says the nonprofit organization was disappointed with the PHH v. CFPB ruling but notes that the ruling has no impact on the CFPB. “In terms of rulemaking authority, it will continue to exist,” she says. “The court made this clear: The CFPB with a single director with funding structure will continue.”