Industry commenters criticize CFPB Reg. Z mortgage servicing proposal

Industry groups urged the CFPB to stick to Dodd-Frank’s mortgage servicing mandates and pull back on efforts to inject additional requirements into rules amending the Truth in Lending Act and the Real Estate Settlement Procedures Act. Read on for an in-depth look at what the associations had to say about the bureau’s key Regulation Z proposals and their potential impact on smaller institutions.