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Home » Authors » Shannon Clark

Articles by Shannon Clark

CFPB Backs Out of Lawsuits Involving Rocket, Vanderbilt

February 28, 2025
Shannon Clark
No explanation for the dismissals was provided in the court filings that announced the moves.
Read More

HMDA Compliance Active, Some Changes Expected

February 27, 2025
Shannon Clark
Work may have ceased temporarily at the CFPB while the regulator undergoes leadership changes, but lenders are advised that Home Mortgage Disclosure Act reporting requirements remain in effect.
Read More

DOJ Says CFPB Won’t Be Eliminated by Administrative Action

February 26, 2025
Shannon Clark
The CFPB won't look the same, but also won't be eliminated, according to the DOJ.
Read More

State Servicing Standards Gain Traction. Coverage Nears 99%

February 25, 2025
Shannon Clark
Oversight standards are moving forward, despite the deregulatory bent of the Trump administration.
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Short Takes: NMLS Processing Fees Increase / New Home Apps Ease in January / Residential Vacancies Fall / Sunflower Bank Hires New CBO

February 21, 2025
Shannon Clark
Fees will increase for both state licensure and federal registration beginning March 1.
Read More

More Securitization of Home Equity Investments Expected

February 20, 2025
Shannon Clark
2025 may be the year that home equity investment products rapidly expand into the securitization market, according to HEI provider Hometap.
Read More

CSBS Prudential Standards for Nonbanks Gaining Traction

February 20, 2025
Shannon Clark
Multiple states are drafting exam procedures that align with the prudential standards established by the CSBS.
Read More

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.
Read More
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