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$109M PHH Fine Is Stretch Of Power, Chamber Tells DC Circ.

By Brandon Lowrey ( October 7, 2015, 12:41 AM EDT) -- The U.S. Chamber of Commerce on Monday filed an amicus brief supporting PHH Corp.'s D.C. Circuit bid to overturn a Consumer Financial Protection Bureau order that the lender must pay a $109 million penalty over a mortgage insurance kickback scheme, saying the order creates uncertainty and unfairness....

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