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Home » Authors » Shannon Clark

Shannon Clark

sclark@imfpubs.com
Articles

ARTICLES

IG Audit Finds CFPB Information Security Ineffective

November 10, 2025
Shannon Clark
The Inspector General attributed the information security issues to the loss of contractor resources and departure of agency personnel.
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Other News in Brief

November 10, 2025
Shannon Clark
CFPB ends TransUnion’s consent order early; federal court pauses compliance with Section 1033 rule; CSBS releases latest version of the Mortgage Call Report; MISMO is accepting comments on the Mortgage Compliance Dataset Version 2.0; court declines to pause CFPB’s PACE financing rulemaking.
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MBA Favors CFPB’s Personal Financial Data Rights Rule

November 7, 2025
Shannon Clark
The trade group said the bureau’s open banking rule is a productive step toward encouraging a consumer-authorized data-sharing system.
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Feeder Fund Activity With Mortgages Poised for Increase

October 30, 2025
Shannon Clark
Feeder funds can ease the barrier of entry for investors into the residential mortgage loan market. Fitch set new rating criteria for the asset.
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MBA Seeks Looser Capital Requirements for Banks

October 30, 2025
Shannon Clark
The Mortgage Bankers Association is concerned the current risk weights for MSRs and warehouse lines are limiting activities at banks.
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CFPB Drops Nonbank Registry Efforts

October 29, 2025
Shannon Clark
The registries were developed during the Biden administration and had faced strong pushback from nonbanks.
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Mortgage Complaints to CFPB Increase in 3Q With Servicing Issues

October 28, 2025
Shannon Clark
Mortgage-related complaints submitted to the CFPB increased by 6.9% on a quarterly basis in the third quarter.
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Trump Admin Opposes Full Circuit Hearing in NTEU Case

October 27, 2025
Shannon Clark
The Trump administration argued that a majority panel of the court correctly concluded the National Treasury Employees Union cannot bring an Administrative Procedure Act claim challenging an “entirely nonbinding” purported decision to close the CFPB.
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Mortgage Complaints Rise Moderately in Third Quarter

October 27, 2025
Shannon Clark
Consumer grievances received by the CFPB increased across three of the four major complaint categories during the third quarter of 2025.
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Vought Expects CFPB to Be Shut Down by End-2025

October 27, 2025
Shannon Clark
Contrary to the Trump administration’s statements in court, CFPB Acting Director Russell Vought said the bureau will be shut down within the next two to three months.
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View All Articles by Shannon Clark

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