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Home » Authors » Shannon Clark

Shannon Clark

sclark@imfpubs.com
Articles

ARTICLES

CFPB Could Advance Ethical Use of AI

March 11, 2024
Shannon Clark
There is an opportunity for the CFPB to advance ethical use of AI, according to Brad Blower, principal and founder of Inclusive-Partners.
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Other News in Brief

March 11, 2024
Shannon Clark
CFPB working on data safeguarding rulemaking, Fed to host webinar on compliance issues.
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Courts Pressed by Regulators, Trade Groups on Servicing Issues

March 7, 2024
Shannon Clark
The CFPB and the FTC have filed an amicus brief supporting borrowers in a case against Ocwen Loan Servicing, while lender trade groups urged the Supreme Court to intervene in a federal preemption case.
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Banner Bank Settles Wage Theft Lawsuit for $15 Million

March 7, 2024
Shannon Clark
Banner Bank denied the allegations, but said it agreed to a class settlement to fully focus on its core business.
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Hurdles for Participation in CFPB Disclosure Pilot

March 5, 2024
Shannon Clark
A trial disclosure program launched in November for construction loans doesn't have any approved participants.
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CFPB to Make Changes to Reduce Conflicts of Interest Among Staff

March 1, 2024
Shannon Clark

“We are committed both to preventing conflicts of interest in our work and to preserving the independence of our staff,” said David Uejio, acting associate director of the CFPB’s supervision division.


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CMBS Loans With NRA Determinations Increase

February 29, 2024
Shannon Clark
The number of loans in commercial MBS with NRA determinations more than doubled in 2023 and is expected to rise again this year.
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Banks Could Prevail in Escrow Case Before SCOTUS

February 29, 2024
Shannon Clark
Questions posed by Supreme Court justices during oral arguments suggest the court could rule in favor of banks seeking preemption from state laws requiring interest payments on mortgage escrow accounts.
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Banks Could See Preemption Win in Supreme Court Case

February 28, 2024
Shannon Clark
The Supreme Court heard oral arguments Tuesday on whether states can require banks to pay interest on funds held in servicing escrow accounts.
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CFPB Officials Scrutinize Appraisal Foundation

February 27, 2024
Shannon Clark
CFPB officials directed critical questions at Appraisal Foundation President David Bunton during a recent hearing by the Federal Financial Institutions Examination Council’s Appraisal Subcommittee.
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View All Articles by Shannon Clark

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