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Home » Authors » Shannon Clark

Articles by Shannon Clark

Withdrawn CFPB Guidance Could Still Apply, Court Rules

July 7, 2025
Shannon Clark
Other courts could also determine that the CFPB’s withdrawn guidance can still be considered in legal matters, according to attorneys at the law firm of Holland & Knight.
Read More

New York Ramps Up Consumer Protections

July 7, 2025
Shannon Clark
A new legislation in New York expands the enforcement power of the state’s attorney general.
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CFPB Slashes Estimate for Credit Invisible Population

July 7, 2025
Shannon Clark
The CFPB now estimates that only 5.8% of the U.S. adult population in 2010 was without a credit record — a decrease from an 11.0% estimate published by the bureau in 2015.
Read More

Republicans Seek Investigation Into Chopra-Era CFPB

July 7, 2025
Shannon Clark
Republicans on a House subcommittee pointed to the CFPB’s “aggressive” use of civil investigative demands as an example of overreach by the regulator under the leadership of Rohit Chopra.
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CFPB Asks Court to Convert Synapse Bankruptcy to Chapter 7

July 7, 2025
Shannon Clark
The bureau urged the court to convert the bankruptcy case’s filing to allow the regulator to investigate whether Synapse Financial Technologies violated the CFPA, and provide redress to harmed consumers.
Read More

CFPB Employee EEO Complaints Slow in FY2024

July 7, 2025
Shannon Clark
In fiscal year 2024, sex, race and age were the most frequently cited bases of discrimination among equal employment opportunity complaints received by the bureau.
Read More

Other News in Brief

July 7, 2025
Shannon Clark
CFPB issues new policy statement on criminal regulatory offenses; CFPB ends consent order with Navy Federal Credit Union; California’s licensing fees set to increase.
Read More

Popular Stock Trading App Offers Mortgage Discounts to 'Gold' Members

July 7, 2025
Shannon Clark
Robinhood's Tenev said the interest rate on a 30-year fixed-rate mortgage could be 6.11% for Gold members.
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Robinhood Partners With Lender for Mortgage Perk

July 3, 2025
Shannon Clark
The stock trading app has partnered with Sage Home Loans to offer discounted mortgage rates and benefits to Robinhood Gold annual subscribers.
Read More

CHLA Pushes Congress to Act on LO Comp Reform

July 1, 2025
Shannon Clark
The trade association also offered several recommendations the CFPB should take up to provide some "flexibility" within the rule.
Read More
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