Items Tagged with 'State National Bank of Big Spring v. Lew'


  • Bank fights for stake in PHH case to battle CFPB authority

    "We are cautiously optimistic"
    State National Bank of Big Spring, Texas won’t back down easily. The bank continues to try and weigh in on the landmark case between PHH and the Consumer Financial Protection Bureau. Despite motions from other parties being denied, Competitive Enterprise Institute General Counsel Sam Kazman said they are “cautiously optimistic” that their recent motion to intervene will be approved.
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  • Can this small Texas bank jump in on PHH's fight with the CFPB?

    State National Bank of Big Spring v. Lew
    Even though PHH’s battle with the Consumer Financial Protection Bureau takes up the majority of the discussion around the fate of the bureau, it’s not the only entity fighting against the independent agency. Battling alongside PHH is State National Bank of Big Spring, Texas. The bank harbors a similar grudge against the CFPB, with a lot of its fate resting in the outcome of the PHH case. But will it be able to fight its own battle?
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  • Will PHH victory undermine CFPB authority in similar court battle?

    This is the case no one is talking about...yet
    PHH's victory against the Consumer Financial Protection Bureau’s leadership structure opens the door for another, lesser-known case of a small Texas bank. The case got put on hold until the PHH case was finalized since they had similar challenges. Now with the case finalized, will the bureau face more charges on its authority?
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