Recent Articles by Amy Tankersley

The United States Treasury Confirmation hearing could put Mnuchin in hot seat over foreclosures

Confirmation hearing could put Mnuchin in hot seat over foreclosures

Treasury Secretary nominee Steven Mnuchin could face tough questions about his reputation as a “foreclosure machine” in his upcoming confirmation hearings ......
By Amy Tankersley | Monday, January 16, 2017
New year, new team: CFPB kicks off 2017 with leadership changes

New year, new team: CFPB kicks off 2017 with leadership changes

As the Consumer Financial Protection Bureau (CFPB) continues to battle legal challenges to its single-director organizational structure, the bureau recently added five new members to its executive team ......
By Amy Tankersley | Tuesday, January 10, 2017
Mortgage lender PHH asks court to deny CFPB rehearing

Mortgage lender PHH asks court to deny CFPB rehearing

When a federal appeals court made a controversial decision that the Consumer Financial Protection Bureau’s (CFPB) single-director organizational structure is "unconstitutional," it was no surprise that the CFPB asked the court to reconsider ......
By Amy Tankersley | Wednesday, December 28, 2016
Real estate industry favors Mnuchin’s GSE privatization proposals

Real estate industry favors Mnuchin’s GSE privatization proposals

Should the federal government privatize government-sponsored enterprises Fannie Mae and Freddie Mac? Yes, according to President-elect Donald Trump and his top pick for secretary of the U.S. Treasury Department, Steven Mnuchin ......
By Amy Tankersley | Tuesday, December 27, 2016
Closing documents Why are closing times continuing to increase under TRID?

Why are closing times continuing to increase under TRID?

Did loans take an unusually long time to close in November, or was that simply your imagination? You probably didn't dream it up ......
By Amy Tankersley | Wednesday, December 14, 2016
A laughing young woman on her computer Tactile Finance founder launches ‘mortgage industry-grade’ website

Tactile Finance founder launches ‘mortgage industry-grade’ website

When you're a self-described “serial buyer and homeowner,” and you experience a refinancing challenge that makes you wonder, "why is this so hard," what's your next step? If you're Nicole Hamilton, you become a woman on a mission: to make the mor...
By Amy Tankersley | Wednesday, December 7, 2016
Fannie Mae discrimination lawsuit could have repercussions for agents

Fannie Mae discrimination lawsuit could have repercussions for agents

Real estate agents and brokers who are listing agents for Fannie Mae, take note: A sweeping federal lawsuit accusing the government-sponsored enterprise (GSE) of neglecting foreclosure properties in predominantly minority neighborhoods could put you ...
By Amy Tankersley | Tuesday, December 6, 2016
Not so fast: 2 groups tell court that CFPB’s Cordray should stay

Not so fast: 2 groups tell court that CFPB’s Cordray should stay

After the controversial decision that declared the Consumer Financial Protection Bureau’s (CFPB) single-director structure “unconstitutional,” the authors of the legislation that created the bureau and a group of consumer rights advocates have ...
By Amy Tankersley | Monday, December 5, 2016
A woman sitting on her living-room floor going over bills. Opes Advisors offers buyers and agents ‘twice the advice’

Opes Advisors offers buyers and agents ‘twice the advice’

Mortgage lenders are increasingly deployed electronic technology to empower consumers to shop for and compare mortgage loans and obtain loan preapprovals -- but are these companies using the technology to its fullest potential ......
By Amy Tankersley | Tuesday, November 29, 2016
CFPB seeks rehearing in PHH case that declared it unconstitutional

CFPB seeks rehearing in PHH case that declared it unconstitutional

As the Consumer Financial Protection Bureau’s (CFPB) battle with mortgage lender PHH Corp. enters its third year, the bureau is striking back against a recent federal court’s finding that its single-director structure is “unconstitutional” an...
By Amy Tankersley | Monday, November 21, 2016
Survey highlights agents’ influence on clients’ mortgage lender selection

Survey highlights agents’ influence on clients’ mortgage lender selection

Real estate agents are great at referring clients to their lender partners -- and that's a good thing, because fielding mortgage-related questions from homebuyers seems to make them a bit nervous, according to a recent survey by government-sponsored ...
By Amy Tankersley | Wednesday, November 16, 2016
Re/Max agent count, earnings were up in third quarter of 2016

Re/Max agent count, earnings were up in third quarter of 2016

Last quarter, despite making gains in agent count, real estate franchisor Re/Max reported that its revenue was slightly down. Was the company able to make up for some of those lost financial gains in the third quarter of 2016? The latest quarterly fi...
By Amy Tankersley | Thursday, November 3, 2016
A young woman kicking her legs on the end of a pier Can brokers relax about MSAs in the wake of the PHH decision?

Can brokers relax about MSAs in the wake of the PHH decision?

A federal court’s recent decision in Consumer Financial Protection Bureau (CFPB) v. PHH Corp. has some in the real estate, mortgage and settlement services industries breathing a little easier about Real Estate Settlement Procedures Act (RESPA) com...
By Amy Tankersley | Thursday, November 3, 2016
SoFi returns to student loan debt relief roots

SoFi returns to student loan debt relief roots

When a group of Stanford University friends got together and founded Social Finance Inc. -- commonly known as SoFi -- in 2011, their goal was to ease one of the greatest areas of financial stress for their alumni friends and other consumers: student ...
By Amy Tankersley | Wednesday, November 2, 2016
Sindeo gets into the digital mortgage game

Sindeo gets into the digital mortgage game

Lender-paid mortgage originator Sindeo is getting into the digital mortgage game with the launch of SindeoOne, an app that promises to help borrowers apply for a mortgage in just five minutes ......
By Amy Tankersley | Friday, October 14, 2016
‘Not a close call’: PHH indisputably wins CFPB court battle

‘Not a close call’: PHH indisputably wins CFPB court battle

Mortgage lender PHH Corp. is having a very good Tuesday. The company has been battling the Consumer Financial Protection Bureau (CFPB) over its mortgage insurance practices since 2014, when the CFPB alleged that PHH referred consumers to preferred mo...
By Amy Tankersley | Tuesday, October 11, 2016
A Wells Fargo bank What the Wells Fargo scandal means for mortgage borrowers

What the Wells Fargo scandal means for mortgage borrowers

When a buyer client sees a news story about something that could affect the home loan, chances are high that real estate agents will be getting some borderline panicked questions in the near future. Fallout from Wells Fargo’s employee cross-selling...
By Amy Tankersley | Monday, October 10, 2016
Happy birthday, TRID: A year in, here’s what Realtors think of you

Happy birthday, TRID: A year in, here’s what Realtors think of you

Monday marked an important anniversary in the industry, though it's doubtful that any real estate offices busted out the champagne to celebrate a controversial 1,800-page, sweeping reform of the mortgage transaction process that took effect on Oct. 3...
By Amy Tankersley | Tuesday, October 4, 2016