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Mick Mulvaney testifies in February before the Senate Budget Committee about the Trump administration’s budget. Credit: Diego M. Radzinschi / NLJ

The Consumer Financial Protection Bureau on Thursday dropped its long-running case against PHH Corp., the mortgage company whose appeal of a $109 million penalty set off an ultimately unsuccessful challenge to the bureau’s independent, single-director leadership structure.

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C. Ryan Barber

C. Ryan Barber, based in Washington, covers government affairs and regulatory compliance. Contact him at cbarber@alm.com. On Twitter: @cryanbarber

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