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Home » Authors » Shannon Clark

Shannon Clark

sclark@imfpubs.com
Articles

ARTICLES

DoubleLine Sees Data Center ABS as Good Investment

November 7, 2024
Shannon Clark
Demand for data centers is rapidly increasing but supply is constrained. This environment presents a great opportunity for ABS investors, according to DoubleLine.
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Townstone Settlement Leaves Redlining Issues Unsettled

November 7, 2024
Shannon Clark
The CFPB’s settlement with Townstone included a relatively small fine for the lender and dropped allegations against the CEO.
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Complaints to CFPB Involving Mortgages Stand Out

November 5, 2024
Shannon Clark
Complaints about credit reporting dominated submissions to the CFPB and they more than doubled on an annual basis through the first three quarters of this year.
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Credit Report Issues Drive Up 3Q Complaints to CFPB

November 4, 2024
Shannon Clark
Complaints filed with the CFPB increased by 23.0% in the third quarter. And for the first nine months of the year, complaint volume nearly doubled on an annual basis, led by issues with credit reports. (Includes two data tables.)
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CFPB Issues Final Rule on Open Banking

November 4, 2024
Shannon Clark
The rule, required by the Dodd-Frank Act, will allow consumers to have greater control over their financial data.
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Section 1033 Rule Faces Mixed Reactions; Lawsuit

November 4, 2024
Shannon Clark
Two trade groups representing banks filed a lawsuit the same day the CFPB released its final rule.
Read More

MBA Urges CFPB to Revise RESPA Regulations

November 4, 2024
Shannon Clark
Regulations under Section 8 of RESPA are “obsolete and costly with few consumer benefits,” according to the MBA.
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CSBS to Roll Out One Company, One Exam in 2025

November 4, 2024
Shannon Clark
State regulators plan to move the One Company, One Exam effort out of pilot into full operation, beginning with larger mortgage companies.
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Apple, Goldman to Pay $90M To Settle CFPB Investigation

November 4, 2024
Shannon Clark
The companies were accused by the CFPB of mishandling credit card disputes and misleading consumers about payment options.
Read More

CFPB Warns Companies of Worker Surveillance Systems

November 4, 2024
Shannon Clark
The bureau released guidance that details employers’ responsibilities and consumer protections under the FCRA involving worker surveillance technologies.
Read More
View All Articles by Shannon Clark

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