Market Share Report-September 2015

WASHINGTON D.C.

HUD?1 passed on to the Great Regulator in the Sky at 12:00 a.m., October 3, 2015. HUD?1 is survived by?Dodd?Frank, TRID, Loan Estimate and Closing Disclosure. The funeral and interment will be consummated?following a three day waiting period.

Created in 1974, HUD?1 and its partner, Good Faith Estimate maintained a long and largely unsuccessful?struggle to encourage consumers to shop for their mortgage loan. Much of HUD?1?s life was dominated by?its lifelong sibling rivalry with Truth?In?Lending. A mid?life crisis during the early 2000?s led to a nervous?breakdown in 2008. HUD?1 attempted to reinvent itself in 2009. Using roll ups, tolerances and buckets,?HUD?1 only managed to further confuse consumers.

The family mission to educate mortgage consumers and simplify the process has passed to HUD?1?s?illegitimate step?child, Convoluted Title Insurance Fees Calculation. Regrettably, HUD?1 will always be?remembered most for having to start on page two, to understand it.

In lieu of flowers, the family asks that fines and penalties be paid directly to the Consumer Finance?Protection Bureau.