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Home » Authors » Shannon Clark

Articles by Shannon Clark

CFPB Ends Medical Debt, UDAAP Lawsuits

May 2, 2025
Shannon Clark
The bureau reached agreements earlier this week to resolve two lawsuits.
Read More

MPower Preparing to Issue ABS With Unique Risks

May 1, 2025
Shannon Clark
The ABS backed by advances to international students studying in the U.S. could come under pressure due to any changes in immigration and employment policies.
Read More

Borrowers Brace for Student Loan Collections to Restart

May 1, 2025
Shannon Clark
Mortgage lenders can expect to see credit score decreases, higher debt-to-income ratios and potentially fewer loan applications due to the resumption of student loan collections.
Read More

Home Insurance Costs Putting Pressure on Lenders, Buyers

May 1, 2025
Shannon Clark
Several factors are affecting whether homeowner’s insurance may become more affordable in the future.
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Property Insurance Costs Pressuring Lenders, Homeowners

April 30, 2025
Shannon Clark
Property tax and insurance costs now account for more than 20% of a mortgage payment.
Read More

Trump Administration Orders End of Disparate-Impact Analysis

April 29, 2025
Shannon Clark
The Consumer Financial Protection Bureau has already followed through with the directive.
Read More

Consumer Complaints Filed With CFPB Soar in 1Q25

April 28, 2025
Shannon Clark
Two operators of peer-to-peer lending platforms, Block and Early Warning Services, saw an unusual surge in consumer complaints filed with the CFPB during the first quarter. (Includes two data tables.)
Read More

CFPB Realigns Supervision and Examination Priorities

April 28, 2025
Shannon Clark
The bureau intends to focus on “actual fraud,” where there are identifiable victims with measurable damages as opposed to matters based on the bureau’s perception that consumers made “wrong” choices.
Read More

CFPB Looks to Operate With Reduced Staff

April 28, 2025
Shannon Clark
Despite court orders halting some of the Trump administration’s changes to the CFPB, vast changes are in the works.
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CFPB Employees in Limbo Amid Legal Battles

April 28, 2025
Shannon Clark
The Trump administration’s planned reduction-in-force would terminate more than 1,400 employees at the bureau, reducing the agency’s workforce to around 200 employees.
Read More
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