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Home » Authors » Shannon Clark

Articles by Shannon Clark

CSBS’ Milhorn Hoping for Reforms to Ginnie Program

February 20, 2025
Shannon Clark
CSBS is interested in advocating for broader reforms in the mortgage industry beyond its central supervisory and examination focus.
Read More

Homebuying Market More Active as Lock-in Effect Eases

February 20, 2025
Shannon Clark
By the second quarter of 2025, more than 50% of mortgages could hold interest rates higher than 4%, according to Mat Ishiba, chairman and CEO of United Wholesale Mortgage.
Read More

States, Feds Likely to Divvy Up Oversight Focuses

February 20, 2025
Shannon Clark
State and federal regulators are likely to differ when it comes to their oversight priorities over the next few years.
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Short Takes: Remodeled Homes Take Priority / ServisFirst Bank Hires New CFO / Snapdocs Earns First MISMO Compliance / Cash Purchases Hit Lowest Share

February 20, 2025
Shannon Clark
Fixer-uppers are selling for 7.3% less than similar remodeled homes, the largest discount in three years.
Read More

MFA Financial Experiences Net Loss in 4Q24

February 19, 2025
Shannon Clark
At press time, MFA's shares were up slightly on the day to $10.32 a unit. Its 52-week low is $9.36, its high $13.45.
Read More

Court Upholds Ocwen FDCPA Violation

February 19, 2025
Shannon Clark
Onity Group, which owns the servicer, noted that the decision stemmed from a "legacy practice."
Read More

Short Takes: Housing Market Favors Homebuyers / FHLBank Chicago Launches Downpayment Program / CantorFitz Announces New Chairman / Rocket Starts Rental Credit Program

February 19, 2025
Shannon Clark
There was 3.7 months of housing supply on the market in January, the most since before the pandemic.
Read More

Short Takes: A New CFPB Tip Line for Violators / A Confirmation From the New Director / Job Cuts Blocked…For Now / FHFA RIFs? / GSE Stock Gains

February 18, 2025
Shannon Clark, Namrata Bhatia, and Paul Muolo
At press time, Fannie’s common was trading on the “pink sheets” for $7.20 a unit while Freddie’s was going for $6.44.
Read More

McKernan Tapped for CFPB Even as Bureau’s Fate Unclear

February 18, 2025
Shannon Clark
All work at the CFPB, including supervision and examination activities, has ceased following an order by the bureau’s new acting director. Several rulemakings are also on pause.
Read More

Feds, States Likely to Split Up Response to Oversight Needs

February 18, 2025
Shannon Clark
Federal regulation is needed for data privacy, earned wage access products and artificial intelligence, industry experts say. But states may end up carrying the ball on some of these issues plus others.
Read More
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