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Home » Authors » Shannon Clark

Articles by Shannon Clark

Short Takes: Mortgage Applications Decline / Senate Passes VA Bill / SWBC Mortgage Adds New SVP / NAR Launches New Tool

July 16, 2025
Shannon Clark
Mortgage applications slowed last week, due to a rise in mortgage interest rates.
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Trigger Lead Ban Close to the Finish Line

July 15, 2025
Shannon Clark
A ban on mortgage trigger leads looks to be getting closer to being signed into law.
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Short Takes: Mortgage Connect Developing Product for Fannie / Farmer Mac CFO Steps Down / CFPB Terminates Consent Order / Mortgage Credit Availability Shrinks

July 15, 2025
Shannon Clark
Mortgage Connect, a national mortgage servicer, is developing a new product with two companies for Fannie Mae's Title Acceptance program.
Read More

Insurance ABS Outlook Appears Steady Through 2025

July 10, 2025
Shannon Clark
Interest is growing within certain types of insurance ABS transactions.
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CHLA Seeks Changes to Loan Originator Comp Standards

July 10, 2025
Shannon Clark
Among other changes, CHLA said the CFPB should allow a lender to reduce compensation to its employees for the purpose of being able to match a competing offer for a borrower an LO has been working with.
Read More

Mortgage Industry Braces for Trigger Lead Ban

July 10, 2025
Shannon Clark
With Congress poised to limit trigger lead activity, lenders that rely on the leads will have to soon shift how they are conducting business.
Read More

Supreme Court Paves Way for Mass Layoffs at Federal Agencies

July 9, 2025
Shannon Clark
Nineteen federal agencies are impacted by the high court's order, including HUD.
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CFPB’s Guidance Recissions Hit Snag in Court

July 8, 2025
Shannon Clark
A judge allowed the CFPB to withdraw its amicus brief to the extent the brief discusses now-withdrawn advisory guidance but denied the bureau’s request to strike the brief from the docket.
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Trump Signs Bill Cutting CFPB’s Funding Mechanism

July 7, 2025
Shannon Clark
After a setback, Senate Republicans successfully approved a measure to cut the CFPB’s funding.
Read More

CHLA Urges CFPB to Act on LO Comp Reforms

July 7, 2025
Shannon Clark
The trade group’s call comes weeks after the CFPB hinted it may look to rescind its loan originator compensation rule.The trade association's new white paper comes weeks after the CFPB hinted it may look to rescind the LO Comp rule altogether.
Read More
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