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Home » Authors » Shannon Clark

Articles by Shannon Clark

Lawsuit Regarding DOGE Access at CFPB Moves Forward

April 28, 2025
Shannon Clark
The bureau is entangled in a lawsuit that alleges the agency authorized DOGE employees to access computer systems containing sensitive information.
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Same-Sex Couples Face Higher Denial Rates for Mortgages

April 28, 2025
Shannon Clark
Population density, the type of lender and creditworthiness all appear to be factors affecting denial rate disparities between same-sex and opposite-sex couples applying for loans.
Read More

Other News in Brief

April 28, 2025
Shannon Clark
The bureau’s credit card late fee final rule is officially dead; CFPB plans to revoke advisory opinion reminding collectors of medical debt of their FDCPA obligations; CFPB ends a lawsuit against a company and its CEO; new working papers from the CFPB.
Read More

Legal Issues Drag Down 2015 CMBS Deal

April 24, 2025
Shannon Clark
Litigation involving the Aloft Houston by the Galleria loan is causing ratings issues for a decade-old commercial MBS deal.
Read More

Federal Judge Blocks Reduction-in-Force at CFPB

April 24, 2025
Shannon Clark
The Trump administration is prohibited from firing more than 1,400 employees at the consumer agency, for now. The next hearing on the case is set for April 29.
Read More

Short Takes: April 29 / Mortgage Off-Shoring and Tariffs? / MSRs for Sale / An Extension for loanDepot / Northpointe’s New Warehouse Chief

April 21, 2025
Shannon Clark and Paul Muolo
Investor interest in MSRs remains strong, very strong.
Read More

Trump Admin Fires Thousands of CFPB Employees

April 18, 2025
Shannon Clark
The union that represents CFPB employees argues that the firings go "well beyond" what a recent injunction permits.
Read More

Experian Moves to Dismiss CFPB Lawsuit

April 18, 2025
Shannon Clark
According to the credit reporting bureau, the regulator's claims against it are "time-barred."
Read More

Short Takes: Planned SFR Securitization Falls Through / HUD Searches for New Headquarters / Home Sales Hit New Low / Castlelake Partners With Invictus

April 18, 2025
Shannon Clark and Brandon Ivey
Fitch Rating's single-family rental securitization is no longer happening.
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Management of CFPB Less Fettered Under Latest Court Order

April 14, 2025
Shannon Clark
The new preliminary injunction allows for the Trump administration to fire CFPB employees and issue a reduction-in-force to employees, as long as the administration abides by certain provisions.
Read More
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