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Home » Authors » Shannon Clark

Articles by Shannon Clark

Trump Administration Orders End of Disparate-Impact Analysis

April 29, 2025
Shannon Clark
The Consumer Financial Protection Bureau has already followed through with the directive.
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Consumer Complaints Filed With CFPB Soar in 1Q25

April 28, 2025
Shannon Clark
Two operators of peer-to-peer lending platforms, Block and Early Warning Services, saw an unusual surge in consumer complaints filed with the CFPB during the first quarter. (Includes two data tables.)
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CFPB Realigns Supervision and Examination Priorities

April 28, 2025
Shannon Clark
The bureau intends to focus on “actual fraud,” where there are identifiable victims with measurable damages as opposed to matters based on the bureau’s perception that consumers made “wrong” choices.
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CFPB Looks to Operate With Reduced Staff

April 28, 2025
Shannon Clark
Despite court orders halting some of the Trump administration’s changes to the CFPB, vast changes are in the works.
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CFPB Employees in Limbo Amid Legal Battles

April 28, 2025
Shannon Clark
The Trump administration’s planned reduction-in-force would terminate more than 1,400 employees at the bureau, reducing the agency’s workforce to around 200 employees.
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White House Orders End of Disparate-Impact Analysis

April 28, 2025
Shannon Clark
The executive order aligns with the bureau’s 2025 supervision and enforcement priorities.
Read More

Lawsuit Regarding DOGE Access at CFPB Moves Forward

April 28, 2025
Shannon Clark
The bureau is entangled in a lawsuit that alleges the agency authorized DOGE employees to access computer systems containing sensitive information.
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Same-Sex Couples Face Higher Denial Rates for Mortgages

April 28, 2025
Shannon Clark
Population density, the type of lender and creditworthiness all appear to be factors affecting denial rate disparities between same-sex and opposite-sex couples applying for loans.
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Other News in Brief

April 28, 2025
Shannon Clark
The bureau’s credit card late fee final rule is officially dead; CFPB plans to revoke advisory opinion reminding collectors of medical debt of their FDCPA obligations; CFPB ends a lawsuit against a company and its CEO; new working papers from the CFPB.
Read More

Legal Issues Drag Down 2015 CMBS Deal

April 24, 2025
Shannon Clark
Litigation involving the Aloft Houston by the Galleria loan is causing ratings issues for a decade-old commercial MBS deal.
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