by brandon | May 17, 2017 | Real Estate Law
A joint resolution has passed both houses of the Texas Legislature to amend Texas’ Home Equity law. Because Texas’ Home Equity law is contained in the Texas Constitution, any proposed changes must be implemented through Constitutional amendments approved by Texas’...
by brandon | Oct 14, 2016 | Real Estate Law
A well-prepared Power of Attorney can be a convenient way to close a mortgage loan when a borrower/buyer cannot attend the closing. It can also create additional risks for the Lender, so it is vitally important that Lenders carefully examine each proposed Power of...
by brandon | Sep 13, 2016 | Real Estate Law
The DOD has issued regulations under the Military Lending Act to be effective for consumer loans to active military personnel and their dependents closed on or after October 3, 2016. The Regulations require a certain disclosure be provided both orally and in writing...
by brandon | Aug 17, 2016 | Real Estate Law
On July 29th, 2016, the Consumer Financial Protection Bureau (CFPB) issued a proposal to clarify some of the issues/ambiguities regarding the TRID rule that have emerged in the past year. The CFPB has requested that public comments to the proposed changes be...
by brandon | Jun 1, 2016 | Real Estate Law
On May 20, 2016, the Texas Supreme Court ruled on two cases that impact all lenders who make Texas Home Equity Loans. The cases are powerful reminders of the importance of compliance with Texas’ Home Equity law and the potential consequences for failure to comply....
by brandon | May 13, 2016 | Real Estate Law
Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB), recently announced that the CFPB will issue amendments to the “Know Before You Owe” Rule. Mr. Cordray anticipates that the proposed amendments will be released for public comment in late...
