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Home » Authors » Shannon Clark

Articles by Shannon Clark

SFA Presses CFPB on TRID Assignee Liability

August 13, 2026
Shannon Clark
SFA asked the CFPB to implement tailored approaches for assignee liability for compliance with mortgage disclosure requirements to mitigate adverse impacts.
Read More

ABS Servicer Applies for Bank Charter

August 13, 2026
Shannon Clark
If approved, Zaria National Trust Bank would offer trustee services for ABS, servicing, collateral management and more.
Read More

Newrez Settles Servicing Issue With States for $15.5 Million

August 13, 2026
Shannon Clark
The settlement involves force-placed insurance on thousands of borrowers with active homeowners insurance policies.
Read More

Industry Groups Suggest Tweaks to TRID Rule

August 13, 2026
Shannon Clark
Mortgage and banking trade groups want the CFPB to revise TRID’s timing requirements and tolerance thresholds.
Read More

State AGs Sue OCC Over Interest-on-Escrow Preemption

August 13, 2026
Shannon Clark
Democratic state attorneys general argued that the final rules exceed limits Congress placed on OCC’s ability to preempt state laws.
Read More

State AGs Sue OCC Over Interest-on-Escrow Preemption

August 12, 2026
Shannon Clark
The state attorneys generals argued two final rules exceed the limits Congress placed on the OCC's ability to preempt state consumer protection laws.
Read More

Consumer Advocates Oppose CRA Proposal From FDIC, OCC

August 11, 2026
Shannon Clark
Rise Economy successfully sued to stop the OCC’s 2020 CRA final rule from being implemented.
Read More

Vehicle Loan Complaints to CFPB Drop in Second Quarter

August 10, 2026
Shannon Clark
Consumer complaints filed with the CFPB about lending services declined across all categories except for mortgages during the second quarter of 2026. (Includes two data tables.)
Read More

Paoletta Takes Over as CFPB Acting Director

August 10, 2026
Shannon Clark
Russell Vought is expected to remain at the bureau as a senior adviser following the conclusion of his tenure under terms set by the Federal Vacancies Reform Act.
Read More

Consumer Advocates Reject New CRA Proposal

August 10, 2026
Shannon Clark
Rise Economy, a California-based nonprofit, has threatened to take legal action to block the OCC and FDIC proposal to revise Community Reinvestment Act requirements.
Read More
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