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Home » Authors » Shannon Clark

Articles by Shannon Clark

Mortgage Complaints to CFPB Tick Up in Fourth Quarter

January 26, 2026
Shannon Clark
Consumer grievances filed with the CFPB related to mortgages increased steadily during the final quarter of 2025. (Includes two data tables.)
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MISMO, CSBS Push Lenders to Adopt MCD 2.0

January 26, 2026
Shannon Clark
CSBS President Brandon Milhorn said the new data standard will help reduce mortgage lending compliance costs, giving companies the flexibility to make more loans.
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New York Extends CRA Requirements to Nonbanks

January 26, 2026
Shannon Clark
New York will soon start evaluating nonbank mortgage lenders on how well they meet the credit needs of the communities that they serve.
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Conservative Legal Group Presses CFPB to Rescind Reg. C

January 26, 2026
Shannon Clark
America First Legal argued that Reg. C isn’t required under the Home Mortgage Disclosure Act and that it pressures mortgage lenders into making decisions based on borrowers’ demographic information.
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Industry Experts Push for AI Regulation Alongside Innovation

January 26, 2026
Shannon Clark
While innovation and regulation are often thought of as in tension, industry participants suggest that with artificial intelligence, the two factors can work together.
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CFPB Largely Exceeds Performance Goals in FY 2024

January 26, 2026
Shannon Clark
The CFPB criticized former bureau Director Rohit Chopra’s work in its annual performance report for fiscal year 2024.
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Lender Faces Setback in Age-Discrimination Lawsuit

January 26, 2026
Shannon Clark
An appeals court found a district court erred in granting summary judgment to Union Home Mortgage in an age-discrimination lawsuit.
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CFPB Publishes Diminished Student Loan Report

January 26, 2026
Shannon Clark
The annual student loan report published by the CFPB was 15 pages short of the original report written by the bureau’s former student loan ombudsman, Julia Barnard.
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Other News in Brief

January 26, 2026
Shannon Clark
SCOTUS won’t hear petition in a discrimination case; Fed initiates enforcement action against a former PrimeLending employee; CFPB will no longer provide HMDA updates via GovDelivery email.
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SFA Asks CFPB for Exclusion in Larger Participant Rule

January 22, 2026
Shannon Clark
The trade association asked the CFPB to exclude asset-backed financing transactions from its rule defining larger participants in the auto loan market, regardless of if they are securities or lending transactions.
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