A Narrow Path to Closure
The parties urged the court to modify the judgments under Rule 60(b)(5), arguing that the injunctive terms “are now the sole impediment to a complete resolution of this case.”
Should the court approve the revisions, all litigation—including PIMCO’s appeal—would dissolve.
Attorneys for the CFPB, PHEAA, PIMCO, and the loan trusts did not immediately respond to requests for comment Wednesday.
