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Home » Authors » Shannon Clark

Articles by Shannon Clark

Pulte Zeroes in on Credit Union Regulation

September 11, 2025
Shannon Clark
FHFA Director Bill Pulte raised concerns about unidentified risks posed by credit unions to financial markets.
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MBA Backs Subservicer in Prepayment Lawsuit Appeal

September 11, 2025
Shannon Clark
A district court had ruled in favor of the subservicer, noting that the borrower lawsuit was “no more than a billing dispute.”
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Jumbo Servicing Rising After Dip in 2024

September 11, 2025
Shannon Clark
The group of servicers handled $1.51 trillion of jumbos at the end of June, up 0.7% from the end of March.
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CFPB Considering Changes to ATR/QM Rule

September 5, 2025
Shannon Clark
There's no timeframe yet for potential adjustments to the ATR rule.
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Rising Tariffs Straining Auto ABS Market

September 4, 2025
Shannon Clark
Higher vehicle and auto part prices are deterring new auto sales, according to Moody’s Ratings.
Read More

MBA Seeks Grace Period for NMLS Call Report Changes

September 4, 2025
Shannon Clark
The trade group said the current implementation timeline isn’t long enough for compliance with the new Mortgage Call Report requirements.
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CFPB Scrutiny of Nonbank Companies Likely to Continue

September 4, 2025
Shannon Clark
Nonbanks’ mortgage-related activity will still qualify for CFPB supervision, even as the regulator looks to reduce its authority.
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CFPB Proposes Reducing Supervision of Nonbanks

September 3, 2025
Shannon Clark
A proposal from the CFPB would limit the bureau's ability to designate nonbanks for supervision.
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CFPB Seeks to Narrow Nonbank Supervisory Authority

September 2, 2025
Shannon Clark
The proposed rule would create narrower standard the bureau must abide by in order to designate nonbanks for agency supervision.
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Bureau Still Standing After Appeals Court Decision

September 2, 2025
Shannon Clark
Even if the Trump administration initiates a massive reduction-in-force at the CFPB, industry attorneys believe the bureau won’t shut entirely and will still be able to do its job.
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