CFPB insists on keeping the student loan fund case in Deeds.



Law360 (Jun 14, 2021, 9:22 pm ET) – The Consumer Financial Protection Bureau has called a federal judge in Delaware to save his debt collection case against 15 student loan trusts from a second and final dismissal, arguing that his revised complaint is flawed … without any lingering doubts about the agency’s past structural unconstitutionality.

In a Friday briefing, the CFPB pushed for a follow-up to the latest version of its 2017 National University Student Foundations case, informing US District Judge Mariellen Noreika that renewed arguments in favor of dismissal, based on previous legal protections of ownership and agency director powers, “are no longer due way before the court “now that the amended complaint was …

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