Of the 21,100 complaints submitted by consumers in the region, 27 percent have been related to mortgages.

When the CFPB assumed RESPA enforcement from HUD in July 2011, it pledged to apply its predecessor’s official commentary, guidance and policy statements until further notice, the brief argues.

The share price of Walter Investment Management Corp. tumbled just over 7 percent in trading midweek on no news...

Some observers believe the CFPB is questioning whether certain LOS vendors are qualified to serve the industry, fearing a potential crackdown on such companies.

Consumer belly-aching about mortgage servicing is down, too, but not quite as much: 12.0 percent quarter-over-quarter and 2.5 percent year-over-year.

Meanwhile, two mid-sized lenders told Inside Mortgage Finance on Friday that they too are shuttering their Realtor-related MSAs.

But there is some good news: the new rule will ease reporting requirements for small banks and credit unions.

The trade group quickly found a villain for the ugly reading: the Oct. 3, 2015, effective date of the CFPB’s TRID rule.

The guidance doesn’t “tells us anything more than where we were an hour before this guidance came out," according to Michael Barone, a director of legal and regulatory compliance at Lenders Compliance Group.

Although the TRID bill passed by a huge margin and with bi-partisan support, President Obama is threatening a veto.