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Home » Authors » Shannon Clark

Articles by Shannon Clark

Other News in Brief

September 15, 2025
Shannon Clark
A new law in California aims to simplify mortgage matters following the divorce of borrowers; CFPB officially releases its regulatory agenda; final rule creating quality control standards for automated valuation models to take effect next month; a Kentucky district court stays small business lending rule until Dec. 1.
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Short Takes: New Investors? / A Jumbo MBS With a Twist / Reinstating HUD Workers? / How Much of a Rate Cut? / A Rocket Retirement

September 15, 2025
Brandon Ivey, Shannon Clark, and Paul Muolo
The Fed rate cut? The odds presently focus on a 25-basis-point trim on the short end of the stick.
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Rising Flood Insurance Costs Trouble Borrowers

September 12, 2025
Shannon Clark
A growing share of homeowners are more concerned about increasing flood insurance premiums than actual flood damage to their properties, according to new research by the CFPB.
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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.
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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.
Read More

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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