May 25, 2022

In This Issue:

  • Election Results: Texas Primary Runoff 2022
  • Texas Title Industry Connects With Congressional Delegation During ALTA's Advocacy Summit in D.C. Last Week
  • TDI: Why You Need Title Insurance
  • CFPB Bolsters Enforcement Efforts by States

Election Results: Texas Primary Runoff 2022

TLTA | May 25, 2022
Texas primary runoff elections were held yesterday. While the preliminary results detailed below will not be final for several days, nearly all counties have reported and these results are likely accurate barring unusual developments in military and overseas ballots, contested results, etc.
 
The statewide races saw Attorney General Paxton and Railroad Commissioner Christian emerge victorious, along with Sen. Dawn Buckingham, who will be the Republican nominee for Land Commissioner on the general election ballot in November. 
 
Three of the four legislative incumbents forced into runoffs retained their party's nomination and are headed to the November general. The lone exception was Rep. Phil Stevenson of Wharton, who appears to have lost to Stan Kitzman. 
  
As always, if you would like to discuss any of the candidates or the impact of this election on our industry, please contact TLTA's Government Affairs Director, Aaron Day.  

Review Projected Election Results »
 

Texas Title Industry Connects With Congressional Delegation During ALTA's Advocacy Summit in D.C. Last Week

TLTA | May 25, 2022
TLTA members and staff travel
ed to Washington, D.C. to participate in ALTA's Advocacy Summit May 16-18, attending nine meetings with members of the Texas congressional delegation and their staffs.
 
The following Texas title professionals participated as part of TLTA's delegation: John Bruce, Joe Grealish, Troy Greenamyre, Chad Hansen, Jack Rattikin III, Marilyn De Luna, Brian Pitman, Tara Smith, Mary Thomas, John Updegraff and KC West. We are grateful for this outstanding team of industry advocates.
 

Meeting with Sen. Ted Cruz (from left to right: TLTA President John Updegraff, TLTA Past President and ALTA President-Elect Jack Rattikin III, Sen. Cruz, ALTA Board Member Tara Smith, ALTA Board Member Joe Grealish, TLTA Staff Leslie Midgley, Troy Greenamyre, TLTA Past President John Bruce, KC West, TLTA Past President Brian Pittman, TLTA staff Aaron Day.  
 
TLTA's delegation met with members and staff from the following congressional offices: Sen. Ted Cruz and Reps. Pat Fallon, Jake Ellzey, Veronica Escobar, Beth Van Duyne, Kay Granger, Austin Pfluger, Jodey Arrington, and Chip Roy.
 
They were all good, productive meetings, and the Texas title industry delegation reports positive feedback on our industry's comments and suggestions related to CFPB, FinCEN, RON and more.
 
See More Photos »
 

TDI: Why You Need Title Insurance

Texas Department of Insurance | May 19, 2022
The Texas Department of Insurance (TDI) recently released this new video explaining how title insurance works for Texas consumers. Click the image to watch the video:
 

Watch TDI's New Video »
 

CFPB Bolsters Enforcement Efforts by States

Consumer Financial Protection Bureau | May 19, 2022
The Consumer Financial Protection Bureau (CFPB) issued an interpretive rule that describes states’ authorities to pursue lawbreaking companies and individuals that violate the provisions of federal consumer financial protection law. Because of the crucial role states play in protecting consumers, the Consumer Financial Protection Act grants their consumer protection enforcers the authority to protect their citizens and otherwise pursue lawbreakers.

“In the years leading up to the financial crisis, federal regulators undermined states seeking to protect families and businesses from abuses in the mortgage market,” said CFPB Director Rohit Chopra. “Our action today demonstrates our commitment to promoting state enforcement, not suffocating it.”

Read More »
Review the Interpretive Rule » 

Check out our most popular on-demand webinars

Ethics – Game On!
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