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Home » Authors » Shannon Clark

Articles by Shannon Clark

Zillow Sued for ‘Steering’ Borrowers to its Lending Business

November 24, 2025
Shannon Clark
The online real estate marketplace is accused of providing incentives to affiliated real estate agents to “steer” homebuyers toward mortgages from Zillow Home Loans.
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Lenders Hit With Consent Orders From States

November 24, 2025
Shannon Clark
California and Washington issued separate consent orders involving alleged violations of mortgage and consumer protection laws.
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Mortgage Complaints Bring Industry Increased Challenges

November 24, 2025
Shannon Clark
Financial entities dealing with mortgage complaints often must deal with higher risks and challenges due to the breadth of the mortgage industry, according to an industry compliance expert.
Read More

MBA Opposes NJ Effort to Apply CRA to Nonbanks

November 24, 2025
Shannon Clark
The Mortgage Bankers Association and a local trade group said imposing Community Reinvestment Act requirements on nonbanks isn’t the way to address the barriers to homeownership.
Read More

Other News in Brief

November 24, 2025
Shannon Clark
CSBS staff to assist implementation of MCR Version 7; CSBS declines extending MCR V7 implementation; federal bankruptcy court revises mortgage rule; federal court declines appeal of CFPB judgment.
Read More

Big Banks' Data Potentially Exposed in Cyberattack

November 24, 2025
Shannon Clark
JPMorgan Chase, Citi and Morgan Stanley are among the banks whose client data may have been exposed.
Read More

CFPB Floats ECOA Changes; Agency Funding in Question

November 20, 2025
Shannon Clark
The CFPB is seeking to make changes to disparate impact and special purpose credit programs. The regulator also notified a federal court that it will run out of funding in early 2026.
Read More

Trump Admin Makes Tactical Move With CFPB Nomination

November 20, 2025
Shannon Clark
The nomination of Stuart Levenbach helps keep Russell Vought as the acting director of the CFPB.
Read More

Senators Push for P-Factor Adjustments in Basel

November 14, 2025
Shannon Clark
The Structured Finance Association applauded the senators' efforts.
Read More

Short Takes: Rice Park Capital Acquires Rosegate Mortgage / Home Price Appreciation Rises Slightly / Mortgage Rates Mainly Flat / MISMO Seeks Comment on HUD Addendum

November 14, 2025
Shannon Clark
Rice Park says the "strategic" acquisition expands its capabilities across the mortgage value chain.
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