Groups backing the five-member commission idea include the Mortgage Bankers Association, the Consumer Mortgage Coalition and the Community Mortgage Lenders of America, among others.

“We can’t futz around until October,” said attorney Richard Andreano…

Georgetown University law professor Adam Levitin notes, “In other words, this just ain’t a big deal.”

If there’s a TRID error, secondary market investors will not buy the loan or will pay less for it…

CFPB Director Cordray has responded with a detailed account that differs with the committee staff report in a number of ways...

“By limiting the volume of securities that private investors will have to absorb as we reduce our holdings, the caps should guard against outsized moves in interest rates and other potential market strains,” said Fed Chairman Janet Yellen.

One bright spot consists of Japanese investors, which are showing strong growth in dollar-dominated bond holdings…

The industry is concerned the CFPB rule has the potential to put servicers smack-dab in the middle of some nasty family disputes…

The CHOICE Act has an uncertain future in the Senate, to say the least.

Meanwhile, Rep. Maxine Waters, D-CA, issued a statement Thursday morning, defending the CFPB...