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Home » Authors » Shannon Clark

Articles by Shannon Clark

Senate Dems Seek Answers on CFPB Website Deletions

June 29, 2026
Shannon Clark
In addition to deleting press releases, testimonies and speeches published before February 2025, the CFPB removed a website translation tool that allowed users to access information in several non-English languages.
Read More

ROAD Act Looks Promising for LO Comp

June 29, 2026
Shannon Clark
The act directs the CFPB to conduct studies on the impact of points and fee thresholds and LO compensation on small-dollar loans.
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NCRC Knocks CFPB’s Small-Business Data Reduction Reasoning

June 29, 2026
Shannon Clark
Josh Silver, a senior fellow at the National Community Reinvestment Coalition, said more sophisticated data software now available should allow lenders to facilitate data collection.
Read More

PHH Granted Some Relief in Website Tracking Lawsuit

June 29, 2026
Shannon Clark
A California district court dismissed certain claims under the Comprehensive Computer Data Access and Fraud Act, finding that the plaintiff lacked standing.
Read More

Other News in Brief

June 29, 2026
Shannon Clark
Federal regulators release joint data standards final rule; CSBS names new NMLS ombudsman.
Read More

Affordability Obstacles Increasing for FTHBs

June 26, 2026
Shannon Clark
Housing costs are now routinely eating up 40% of household budgets, making the path to homeownership more difficult for individuals under 35 years old.
Read More

Nonbanks’ Shift to Bank Charters Helping ABS

June 25, 2026
Shannon Clark
A number of nonbanks involved in the ABS market have opted for bank charters in recent years. The capital requirements and oversight that come with that status will benefit nonbank ABS, Moody’s said.
Read More

CFPB Rescinds 2020 Opinion on Special Purpose Credit Programs

June 18, 2026
Shannon Clark
The bureau said it rescinded the 2020 advisory opinion because it conflicts with its recently issued ECOA final rule.
Read More

ABS Players Seek to Exclude ABS From SEC Rule

June 18, 2026
Shannon Clark
Trade groups expressed concern that proposed changes to Rule 15c2-11 of the Securities Exchange Act could accidentally ensnare ABS.
Read More

Fitch Credits Selectivity for Single-Asset CMBS Ratings

June 18, 2026
Shannon Clark
The ratings service said a “selective, disciplined, transaction-specific approach” is why its single-asset/single-borrower portfolio outperforms ratings by other firms.
Read More
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