The publication of the proposal formally triggers the beginning of the official 90-day comment period. Comments to the CFPB are due by 11:59 p.m. Aug. 22, 2016.

The attorneys noted: “The CFPB declined to state what the forms do represent, if anything.”

The exam outlook is even worse for nonbank mortgage servicers..

Attorney Richard Horn, who helped write the TRID rule, blamed the CFPB, in part...

Over at Freddie Mac, the GSE did $10.8 billion in issuance for the first quarter, mostly in its K-deal program, along with its small balance program, otherwise known as “SB deals.”

However, the new Cordray letter provides no details on where it will land on errors.

Consumers said they received conflicting and confusing foreclosure notifications during the loss mitigation review process...

On the subject of delayed closings, one agent had this to say: “All of my closings are taking two to four weeks longer to close, and there has been a lot of confusion…”

While most borrowers felt positive about the new forms, 63 percent said their experience with TRID prevented them from closing on their new homes within the desired timeframe.

The delinquency rate declined by 8.4 percent in March compared with February and was down 12.4 percent on an annual basis.