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Home » Authors » Shannon Clark

Articles by Shannon Clark

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.
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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.
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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.
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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.
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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."
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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

Appeals Court Sympathetic to Arguments From NTEU

April 14, 2025
Shannon Clark
An appeals court judge appeared to favor of authorizing a limited preliminary injunction against the Trump administration in a lawsuit brought by the National Treasury Employees Union.
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House GOP Wants CFPB to Revoke Biden-Era Rules

April 14, 2025
Shannon Clark
Republicans in the House urged the CFPB to rescind Biden-era guidance documents, interpretive rules, advisory opinions and circulars that weren’t issued pursuant to the Administrative Procedure Act.
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CFPB Plans to Propose New Rule on Section 1071 Data

April 14, 2025
Shannon Clark
Following years of legal action that have stalled the implementation of the bureau’s original Section 1071 rule, the CFPB announced that it will roll out a new version of the rule.
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