by brandon | Apr 29, 2020 | Real Estate Law
On April 27, 2020, Governor Abbott temporarily suspended the requirement that a notary be physically present for a notarization under Texas Civil Practices and Remedies Code §121.006(c)(1). Traditional in-person notarizations and online notarizations are still...
by brandon | Apr 1, 2020 | Real Estate Law
The Texas Joint Financial Regulatory Agencies published guidance this morning on home equity lending during the Coronavirus pandemic. A link to the publication can be found here. Here is a summary of the guidance: One year seasoning requirement – An existing...
by brandon | Oct 8, 2019 | Real Estate Law
Regulators have signaled that financial institutions should transition away from using the London Interbank Offering Rate (“LIBOR”) lending benchmark as it will be phased out by the end of 2021. If your office offers adjustable rate mortgages and uses the LIBOR index,...
by brandon | Aug 5, 2019 | Real Estate Law
The 2019 Texas Legislative Session was relatively quiet for Residential Mortgage Lending, in stark contrast to the 2017 Legislative Session where Texas lenders saw substantial changes to Home Equity Lending, Powers of Attorney, Remote Notarization and other...
by brandon | May 15, 2019 | Real Estate Law
In March, the Internal Revenue Service (IRS) issued a revised Form 4506-T, “Request for Transcript of Tax Return”. The new format protects tax payer data by partially masking personally identifiable information. Effective immediately, this revised Form must be used to...
by brandon | Dec 4, 2018 | Real Estate Law
The country will observe a National Day of Mourning on Wednesday, December 5, 2018, honoring the life of 41st President of the United States, George H.W. Bush. Question: How will the National Day of Mourning impact the counting of “business days” for...
