I am quite sure in this case the attorneys would also be suing the individual agents as well to take a bit of their E&O coverages for their negligence in not following state law.

There is no doubt that there are folks out there now promising real estate agents 7 days-to-closing mortgages.  The only way that happens is to short circuit both title and loan underwriting, with the plan being to absorb the losses, in order to maximize volume.  If this takes hold, it will be 2008 all over again in no time.  History has a way of repeating itself over and over. And the CFPB is too busy trying to make TRID happen, they don't even notice trends like this.