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Home » Authors » Shannon Clark

Articles by Shannon Clark

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.
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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.
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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.
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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."
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