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Home » Authors » Shannon Clark

Articles by Shannon Clark

Broeksmit Calls for Lower LLPAs, FHA MIP Cut

October 1, 2026
Shannon Clark
Mortgage Bankers Association CEO and President Bob Broeksmit outlined various options that could improve affordability.
Read More

Homeseller Impersonation Fraud Rising, Aided by AI

September 29, 2026
Shannon Clark
AI is allowing fraudsters to more easily create convincing documents, communications and images.
Read More

Senior Investors Lose Appeal in Loan-Mod Lawsuit

September 24, 2026
Shannon Clark
A New York appellate court upheld a ruling that deferred mortgage loan principal payments under a crisis-era loan-modification program should be treated as subsequent recoveries.
Read More

NY Court Dismisses Lawsuit Challenging Foreclosure Law

September 24, 2026
Shannon Clark
The lawsuit challenged a New York law that prevents servicers from manipulating the six-year statute of limitations to restart or prolong fore-closure actions.
Read More

Attorneys Outline JV Best Practices Under RESPA

September 24, 2026
Shannon Clark
Industry attorneys outlined compliance scenarios tied to joint ventures, marketing service agreements and employee arrangements.
Read More

Reasonable Payments Advised for RESPA Compliance

September 22, 2026
Shannon Clark
Settlement service companies must demonstrate that the goods and services are actual, necessary and distinct, and that payment is commensurate with the value of services and goods.
Read More

Johnson Nomination as CFPB Chief Moves to Senate Floor

September 21, 2026
Shannon Clark
Ahead of the vote, Sen. Elizabeth Warren, D-MA, ranking member of the banking committee, released Johnson’s responses to her Questions for the Record following his nomination hearing in July.
Read More

Committee Advances CFPB Reform Bill to House Floor

September 21, 2026
Shannon Clark
The House Financial Services Committee also advanced a bill aimed at reforming the CFPB’s civil investigative demand process.
Read More

Rocket Faces Reversal on Foreclosure Ruling

September 21, 2026
Shannon Clark
An appeals court found that a FedEx service, which Rocket Mortgage used to serve its complaint and summons, failed to comply with civil rules governing service of process.
Read More

Verification of Services Key for RESPA Payment Compliance

September 21, 2026
Shannon Clark
Industry experts offered a series of examples on the best ways to value and verify services prior to payment.
Read More
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