FHFA provided the Fifth Circuit with a copy of the D.C. Circuit’s decision in PHH v. CFBP late last week and the Collins Plaintiffs filed a response today. Copies of the parties’ letters are attached to this e-mail message. FHFA tells the appellate court that the PHH decision closely tracks the ruling from district court now under review. The Collins Plaintiffs urge the Fifth Circuit panel to carefully review and follow Judge Henderson and Kavanaugh’s dissenting opinions in PHH because any government agency with no accountability to the President, Congress or the Courts can’t be the right result.17-20364-00514337464 17-20364-00514334193