by brandon | Oct 12, 2015 | Real Estate Law
October 12, 2015 On October 7, 2015, the U.S. House of Representatives passed HR 3192 to create an official hold harmless period for TRID compliance until February 1, 2016. The bill must now be approved by the U.S. Senate. This pending legislation reinforces initial...
by brandon | Oct 1, 2015 | Real Estate Law
October 1, 2015 As a reminder, this Saturday, October 3, 2015, marks the beginning of TRID. Any person applying for a residential mortgage loan beginning this Saturday must receive the new TRID disclosures. We understand the next several weeks and months will be...
by brandon | Jul 29, 2015 | Real Estate Law
House Bill 831- Effective September 1, 2015 Texas Finance Code Section 343.103 Beginning September 1, 2015, residential mortgage servicers have a new responsibility to the surviving spouse of a deceased borrower. Within 30 days of receiving a request for loan...
by brandon | Jul 1, 2015 | Real Estate Law
July 1, 2015 The United States Supreme Court’s decision on June 26, 2015 in Obergefell vs. Hodges will have an immediate impact on Texas residential lenders. This Law Letter discusses some of the results of the Supreme Court’s ruling that same-sex couples have the...
by brandon | Jun 23, 2015 | Real Estate Law
CFPB Director Richard Cordray issued the following statement: “The CFPB will be issuing a proposed amendment to delay the effective date of the Know Before You Owe rule until October 1, 2015. We made this decision to correct an administrative error that we just...
