by 5377L3_p0u | Dec 18, 2023 | News Blog
Community banks stand to benefit if HR 2226 continues to progress toward passage. This bill – the Portfolio Lending and Mortgage Access Act – amends the federal Truth in Lending Act by creating a special type of “qualified mortgage” for lenders who hold loans in their...
by 5377L3_p0u | Dec 18, 2023 | News Blog
As was anticipated, on Tuesday November 7th, Texas voters approved Proposition 2, an amendment to the Texas Constitution that allows Texas equity loans to be refinanced, under certain conditions, with a regular (non-home equity) loan. The amendment also makes...
by 5377L3_p0u | Dec 18, 2023 | News Blog
J. Allen Smith, President of SettlePou, has been recognized in Texas Super Lawyers, published by Thompson Reuters, for the 11th year in a row. Texas Super Lawyers are selected through a multiphase selection process of peer nominations, independent research, and...
by 5377L3_p0u | Dec 18, 2023 | News Blog
The recently concluded Regular Session of the Texas Legislature resulted in two seemingly minor but important changes to Texas foreclosure law. First in House Bill 1128, the Texas Legislature amended Section 34.002 of the Civil Practices and Remedies Code to allow...
by 5377L3_p0u | Dec 18, 2023 | News Blog
The Texas Legislature in the recently concluded regular session approved SJR 60, proposing the first major regulatory overhaul of home equity lending in nearly a decade. This proposed amendment to the Texas Constitution will be presented for ratification in Texas’...
