Community Bank Relief from Dodd Frank and TILA

Congress has acted – SB 2155 has passed the House and Senate and will shortly be law. Several earlier blog entries discuss HB 2226 and SB 2155. Each of these bills provides important community banking relief measures. On Tuesday May 22, the House – along a largely...

Community Banks Will Benefit from HR 2226

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...

Texas Home Equity Reform Passes

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...