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Home » Authors » Shannon Clark

Shannon Clark

sclark@imfpubs.com
Articles

ARTICLES

Credit Reporting Complaints Rise in Second Quarter

July 21, 2025
Shannon Clark
Most of the complaint categories saw small moves during the second quarter, but consumer discontent regarding credit reporting stood out. (Includes two data tables.)
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House Republicans Introduce Slew of CFPB-Focused Bills

July 21, 2025
Shannon Clark
The bills seek to scale back activities at the CFPB, including proposals aimed at Section 1071 small business lending data collection.
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Republicans in House Plan Major Rollback of DFA

July 21, 2025
Shannon Clark
House Republicans want to put a stop to the CFPB’s “regulation by enforcement” among other efforts aimed at scaling back the Dodd-Frank Act.
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Bank Regulators Issue New CRA Final Rule Proposal

July 21, 2025
Shannon Clark
The federal banking agencies believe returning to the 1995 CRA regulation is the “the most effective” way to provide certainty regarding CRA requirements.
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CFPB Withdraws Rule to Nix State Enforcement Notice

July 21, 2025
Shannon Clark
The final rule would have rescinded procedures that require a state official to notify the bureau when they take action to enforce the Consumer Financial Protection Act.
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States Ramp Up CRA Efforts as Federal CRA Falls Back

July 21, 2025
Shannon Clark
New Jersey is the latest state to introduce legislation to establish its own version of the Community Reinvestment Act.
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New California Law to Stall Legitimate Foreclosures

July 21, 2025
Shannon Clark
The new law addresses foreclosures on “zombie” second mortgages and creates new standards for subordinate mortgage servicers.
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Banking Examiners Simplify Adverse Action Requirements

July 21, 2025
Shannon Clark
Key differences exist between the Equal Credit Opportunity Act’s and the Fair Credit Reporting Act’s adverse action notice requirements.
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Other News in Brief

July 21, 2025
Shannon Clark
Pawnshop settles MLA lawsuit; CFPB won’t reissue a medical debt collection AO; federal judge vacates medical debt rule; CFPB places a top staff member on leave; OCC will no longer examine for disparate impact liability; FDIC releases the top regulatory violations for 2024.
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CSBS Details Updates to NMLS Starting This Fall

July 18, 2025
Shannon Clark
The changes to the Nationwide Multistate Licensing System include modernized updates to the individual state license application process.
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View All Articles by Shannon Clark

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