July 5, 2017

 

TLTA's 2017 Legislative Report Is Now Available

The 85th Session of the Texas Legislature was one of the most intense and challenging sessions our industry has experienced in some time. While TLTA fought for two specific issues on our affirmative agenda – namely, adverse possession against co-tenant heirs and lis pendens expungement – some well-funded special interest groups fought hard in an attempt to re-regulate our industry. We are delighted to say we defeated them during the session, but we know this battle is far from over and will definitely resurface during the 86th legislature.
 
Now that the session is complete, we are proud to present our 2017 Legislative Report. It contains:
A summary of the 85th Session of the Texas Legislature
An analysis of the bills that could have or will impact our industry
A synopsis of TLTA's efforts to work with legislators to develop and pass legislation that will protect our industry and, ultimately, Texas homeowners
A detailed list of the most important bills TLTA was following, the bills' impact and their ultimate outcome in the legislature
Read the Report »


GSE News: Senate Committee Takes First Steps in Making GSE Reform a Key Priority

HousingWire | June 29, 2017
The Committee on Banking, Housing and Urban Development took some of the first steps in ensuring that reforming Fannie Mae and Freddie Mac will finally happen after nearly nine years in conservatorship.
 
Up until this point, leaders in the Trump administration stressed that reforming the government-sponsored enterprises is high on the list of things it wishes to tackle. This includes Treasury Secretary Steve Mnuchin, who has publicly stated that GSE reform is a priority of this administration.
 
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Fraud News: FTC, Realtors Warn Homebuyers About Mortgage Closing Cost Phishing Scam 

HousingWire | June 30, 2017
A little over a year ago, the Federal Trade Commission and the National Association of Realtors issued a warning to people interested in buying a home. Scammers were posing as real estate agents, Realtors and title insurance companies to steal consumers’ closing costs.
 
Well, that was last March, but it appears that scammers are still finding new victims to take advantage of because the FTC and NAR issued a new warning about the closing cost phishing scams.
 
Read More »
 
Note: Last week, Dateline Austin ran important fraud prevention information from ALTA about protecting your company and your customers.
 
Read "Beware of Wire Fraud Schemes When Buying a Home" (ALTA) »


CFPB News: CFPB Issues Implementation Date Guidance to Mortgage Servicing Rule

HousingWire | June 27, 2017
The CFPB released updated guidance along with two technical corrections to the final mortgage servicing rule that is set to go into effect on Oct. 19.
 
The bureau released two documents that relate to the 2016 Amendments to the 2013 Mortgage Rules under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z), collectively dubbed the 2016 Mortgage Servicing Final Rule.
 
Read More »


Registration Now Open for the 2018 Land Title School of Texas

Are you a new employee, an employee who recently switched positions or a seasoned professional who just needs a refresher? Are you an owner or manager looking to train employees who are new to the title industry? Then the Land Title School of Texas is for you!
 
Held Feb. 5-7, 2018, at the Westin Austin at the Domain, this will be the ONLY Land Title School of Texas held in 2018. Register and book your hotel room today – this popular program sold out last year!
 
"I left the School with so much knowledge! Loved the test taking between sessions and Q&As with instructors." 
 
"TLTA School was such a wonderful experience! What a gift to sit and learn from experts in this field. Very well done and beneficial!"
 
Register »
 
Book Your Hotel Room »
 
Learn More »


TLTA is scheduling more live webinars for summer 2017. Register now, or explore the On-Demand webinar library today!