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Home » Authors » Shannon Clark

Articles by Shannon Clark

Insurance ABS Outlook Appears Steady Through 2025

July 10, 2025
Shannon Clark
Interest is growing within certain types of insurance ABS transactions.
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CHLA Seeks Changes to Loan Originator Comp Standards

July 10, 2025
Shannon Clark
Among other changes, CHLA said the CFPB should allow a lender to reduce compensation to its employees for the purpose of being able to match a competing offer for a borrower an LO has been working with.
Read More

Mortgage Industry Braces for Trigger Lead Ban

July 10, 2025
Shannon Clark
With Congress poised to limit trigger lead activity, lenders that rely on the leads will have to soon shift how they are conducting business.
Read More

Supreme Court Paves Way for Mass Layoffs at Federal Agencies

July 9, 2025
Shannon Clark
Nineteen federal agencies are impacted by the high court's order, including HUD.
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CFPB’s Guidance Recissions Hit Snag in Court

July 8, 2025
Shannon Clark
A judge allowed the CFPB to withdraw its amicus brief to the extent the brief discusses now-withdrawn advisory guidance but denied the bureau’s request to strike the brief from the docket.
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Trump Signs Bill Cutting CFPB’s Funding Mechanism

July 7, 2025
Shannon Clark
After a setback, Senate Republicans successfully approved a measure to cut the CFPB’s funding.
Read More

CHLA Urges CFPB to Act on LO Comp Reforms

July 7, 2025
Shannon Clark
The trade group’s call comes weeks after the CFPB hinted it may look to rescind its loan originator compensation rule.The trade association's new white paper comes weeks after the CFPB hinted it may look to rescind the LO Comp rule altogether.
Read More

Withdrawn CFPB Guidance Could Still Apply, Court Rules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Other courts could also determine that the CFPB’s withdrawn guidance can still be considered in legal matters, according to attorneys at the law firm of Holland & Knight.
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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
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