Dateline

The Dateline Austin newsletter goes out via email every week to TLTA members and covers the latest important regulatory and legislative updates title professionals need to know about.


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2018


December 20, 2018

  • TDI Issues Data Call for Underwriters, Releases Experience Report 2012-2016
  • Compliance Reminder: Stop Collecting GARC Fee After Dec. 31
  • DOJ Says CFPB Is Unconstitutional, But Urges U.S. Supreme Court to Deny Writ Since Case Is a "Poor Vehicle"
  • New Faces in Housing Regulation
  • TREC Inspector Committee Accepting Applications for Members

December 12, 2018

  • Compliance Update: Stop Collecting GARC Fees After Dec. 31
  • Texas Office of Public Insurance Counsel Unveils Redesigned Website
  • TLTA, Other Trade Groups Ask U.S. Senators to Sign Letter to Incoming CFPB Director Kraninger Regarding TRID Fix
  • "I am very excited to be here’: Kraninger Signals New Tone Atop CFPB
  • White House Nominates Calabria as New FHFA Chief
  • TLTA's Grassroots Network Continues Sharing Industry's Story With State Lawmakers, Other Local Leaders
  • Cybersecurity Experts Warn of Massive Scam Targeting Mortgage Companies, Banks

December 5, 2018

  • U.S. Rep. Kay Granger of Fort Worth Will Become Top Republican on House Appropriations Committee
  • Analysis: A Tight-Fisted Texas Legislature With Expensive Ambitions
  • CFPB: Senate Narrowly Votes to Advance Kraninger's Nomination
  • The Housing Slowdown Is Here—and Dallas Among Cities Getting Hit Hardest

November 28, 2018

  • TLTA Submits Letter to Sunset Advisory Commission Regarding Texas Board of Professional Land Surveying
  • SURVEY: Have You Closed a Transaction Using Remote Online Notary Yet? If So, We Need Your Feedback
  • BCFP: Advisory Board and Councils December Conference Call
  • Fannie, Freddie Conforming Loan Limits Increase in Nearly Every Part of the U.S.

November 20, 2018

  • FinCEN Expands GTO Reporting to More Texas Counties, Adjust Thresholds and Requirements
  • Congressman Asks Fed to Consider Payee Matching Requirements on Wire Transfers
  • U.S. Senate Likely to Consider Kraninger Nomination to CFPB After Thanksgiving
  • Texas Lawmakers Punt on Setting a Spending Cap for 2019 Session

November 14, 2018

  • Dennis Bonnen Says He Has the Votes to Become Next Speaker of Texas House
  • Texas Lawmakers File More Than 400 Bill Proposals as 2018 Session Prep Begins
  • VIDEO: Congresswoman Maxine Waters Comments on Issues House Financial Services Committee Will Address If She's Appointed Chair
  • Federal Election Results, Impact On Financial Services Committee, 2019 Outlook
  • JUST RELEASED: Complete Schedule, Detailed Brochure for 2019 Land Title School of Texas

November 7, 2018

  • Election 2018: Texas Voter Turnout Highest for a Gubernatorial Election Since 1970
  • Election Outcome Powerful Reminder to Participate in TLTA's Day at the Capitol
  • Remote Online Notarization Isn't Coming; It's Here! Register Today for TLTA's E-Closing Live Lab
  • The Most Powerful Person in Mortgage Lending Is About to Be Replaced
  • Zillow to Begin Buying, Selling Homes in Houston

October 31, 2018

  • TDI Quarterly Audit Results Published
  • COMPLIANCE DEADLINE: Title Agent Statistical Data Report Due Today
  • Final Week to Vote Early; Election Day – Tuesday Nov. 6
  • State Rep. John Zerwas Drops Bid for Texas House Speaker
  • FHFA Issues Proposed Rule on Federal Home Loan Bank Housing Goals

October 24, 2018

  • More Than 689,613 Texans Have Already Voted in the Midterm Election
  • ALTA Asks Bureau to Use Sandbox to Test Disclosure of Title Fees
  • BCFP’s Agenda for Easing Lender Laws
  • Once Feared on Wall Street, Dodd-Frank’s Watchdog Is in Retreat
  • Enterprise Community the Latest Real Estate Player to Become VC Investor in Tech Startups

October 17, 2018

  • Are You Ready for Q4 Compliance and Reporting Requirements?
  • Early Voting Begins Monday, Oct. 22
  • Mark Your Calendar: TLTA's Day at the Capitol
  • Mnuchin’s Top Housing Advisor Says GSE Charters Should be Removed
  • OPINION: Three Reasons Why Zillow's Move Into Mortgages Matters

October 10, 2018

  • Senators Seek Probe of Money Laundering in Real-Estate Market
  • Fannie Mae CEO Tim Mayopoulos Stepping Down Within Days
  • Texas Sunset Commission Publishes Report on Texas Real Estate Commission, Appraiser Licensing and Certification Board
  • Wells Fargo Is Planning Its First Post-Crisis Mortgage Bond

October 3, 2018

  • Remote Notaries Represent Less Than 1% of Notary Applications July 1 - Sept. 24
  • CFPB Seeks Feedback on Data Collection, Governance
  • Federal Reserve Seeks to Repeal SAFE Act Regulations to Reflect CFPB Authority
  • Here's the Skinny on Opportunity Zones
  • OPINION: Finding a Fix for Fannie and Freddie
  • Webinar: Completing the TDI Data Reports Due Oct. 31

September 26, 2018

  • Webinar: Completing the TDI Data Reports Due Oct. 31
  • TLTA Submits Amicus Letter in Case Before Texas Supreme Court
  • Appellate Court Reverses Ruling in Suit Against Fidelity National Title Over Fees
  • Cash-Strapped American Are Willing to Leverage Their Homes to Pay the Bills
  • National Voter Registration Day

September 19, 2018

  • Texas Bank Petitions Supreme Court on CFPB Case
  • State Sen. Joan Huffman Delivers Update to TLTA-Hosted Gathering of Title Professionals
  • Are You Ready for Remote Online Notaries?
  • Texas Federal Court Denies Motion for Remand On Title Dispute
  • Upcoming Webinars

September 12, 2018

  • TDI Warns Insurers to Watch Out for Fake Emails
  • CFPB Issues First Supervision Report Under Mulvaney
  • PHH, Realogy receive final approval for $17m RESPA settlement
  • GSE News: Hensarling Unveils Sweeping Bipartisan Housing Finance Reform Bill
  • Upcoming Webinars

September 5, 2018

  • Texas Department of Savings and Mortgage Lending to Remain Independent Agency
  • Two Courts Rule Crime Policies Cover Wire Fraud, Business Email Compromise
  • Bipartisan Push Begins in Senate to Expand Mortgage Access for Self-Employed Borrowers
  • Texas Ranks 3rd for International Home Sales in Latest Texas International Homebuyers Report
  • Upcoming Webinars

August 29, 2018

  • CFPB NEWS: Senate Banking Committee Confirms Kraninger for CFPB Director
  • TLTA Testifies, Submits Comments During TDI Hearing on Proposed Amendments to Licensing and Continuing Education Rules in Basic Manual
  • Are You Ready for Remote Online Notaries?
  • State Rep. Pat Fallon Delivers Update to TLTA-Hosted Gathering of Title Professionals
  • GSE NEWS: Fannie Mae, Freddie Mac Ending Expansion Into Single-Family Rentals
  • Upcoming Webinars

August 22, 2018

  • Revised Rules for Notaries Public (Including Remote Online Notaries) Effective As of Sunday, Aug. 19
  • TDI to Hold Hearing Aug. 24 to Consider Proposed Amendments to Basic Manual Related to Licensing and Continuing Education
  • Senate Banking Committee Announces New Date for CFPB Director Vote
  • The Financial Crisis Cost Every American $70,000, Fed Study Says
  • Upcoming Webinars

August 15, 2018

  • Good News for Title Industry in Proposed IRS Guidance
  • TDI's Call for 2017 Statistical Data Not Issued Yet
  • Fate of Wall Street Watchdog Devolves Into a Squabble Over Acronyms
  • Testing the GSEs’ Performance in Adverse Conditions
  • Upcoming Webinars

August 8, 2018

  • TDI Sets Hearing Aug. 24 to Consider Proposed Amendments to Basic Manual Related to Licensing and Continuing Education
  • Compliance Reminder: Basic Manual Updates To Be Implemented Aug. 9
  • U.S. Senate Postpones Vote for Next BCFP Director
  • Fannie-Freddie Watchdog Under Scrutiny
  • Russia Sanctions Bill Also Targets Real Estate Deals
  • Wells Fargo to Pay $2 Billion Penalty for Alleged Misrepresentation of Loan Quality
  • Upcoming Webinars

August 1, 2018

  • TDI Quarterly Audit Results Published
  • TLTA Requests Hearing, Submits Comments on Basic Manual Rule Amendments Proposal re: Licensing and Continuing Education
  • Texas Secretary of State Publishes Remote Online Notary Resources
  • TLTA Submits Amicus Letter in Case Before Texas Supreme Court
  • Compliance Reminder: Basic Manual Updates To Be Implemented Aug. 9
  • Senate Passes Flood Insurance Extension at 11th Hour
  • 10 Years After Crisis, Fannie, Freddie Trigger New Alarms Regarding Growing Role
  • Upcoming Webinars

July 25, 2018

  • TDI Publishes Title Agent Statistical Report for 2016
  • TRID Simultaneous Issue Fix One Step Closer
  • Trump Nominee to Head BCFP Testifies Before Senate Banking Committee
  • ALTA Announces Resignation of CEO Michelle Korsmo
  • How to Prepare for a Lapse in the NFIP
  • Upcoming Webinars

July 18, 2018

  • Texas AG Leads 14-State Call to Defang BCFP
  • Compliance Update: GARC Fees Due Aug. 1
  • On the Horizon: Basic Manual Changes To Be Implemented as of Aug. 9
  • Registration for TLTA's Land Title Institute Is Open
  • GSE News: Why Fannie and Freddie May Need More Treasury Bailout Cash
  • Upcoming Webinars

July 11, 2018

  • Kraninger’s BCFP Hearing Set for July 19
  • BCFP Official Drops Fight for Leadership of Watchdog Agency
  • GSE News: Mortgage Debt Outstanding Figures See Notable Uptick
  • Registration for TLTA's Land Title School of Texas Is Open
  • Upcoming Webinars

July 3, 2018

  • Texas Secretary of State Proposes New Notary Rules, Is Accepting Online Notary Applications as of July 1
  • TLTA Website Upgrades May Disrupt Service July 10-11, Password Change Will Be Required
  • Governments Explore Using Blockchains to Improve Service
  • Feds Arrest 8 More in Ongoing Action Against Hackers Targeting Wire Transfers
  • GSE Reform: Trump's Fannie-Freddie Plan Needs Clarity, Key Republican Says
  • Upcoming Webinars

June 27, 2018

  • TDI Proposes More Rule Amendments to Basic Manual
  • TLTA Submits Comments to BCFP (Formerly "CFPB") re: Simultaneous Issue and TRID
  • Secretary of State Pushes Back Remote Online Notary (RON) Adoption Goal
  • TDI Adopts Updates to Credit for Reinsurance Rules
  • White House Wants Fannie Mae and Freddie Mac Privatized
  • Federal Judge Rules That BCFP Is Unconstitutional
  • Upcoming Webinars

June 20, 2018

  • TRID Improvement Act Addressing Simultaneous Issue Disclosure Included in Financial Services Appropriations Bill
  • President Trump Nominates Kathy Kraninger to Head CFPB
  • CFPB Abandons PHH Case
  • Mulvaney Effectively Fires CFPB Advisory Council
  • State Sen. Konni Burton Delivers District Update to TLTA-Hosted Gathering of Title Professionals
  • TDI Commissioner, Industry Experts and Other Luminaries Address More Than 500 Attendees at TLTA's Annual Conference

June 6, 2018

  • Texas Attorney General Opinion Requested on Electronic Signatures; Seeking Input from TLTA Members
  • Basic Manual Update Approved by TDI (Implementation Date: Aug. 9)
  • TLTA President Chris Phillips Thanks Congressmen Jeb Hensarling and French Hill at Dallas Luncheon
  • Goldman Sachs Teases Big Move Into Mortgages
  • First-Time U.S. Homebuyers Account for Almost Half of Mortgages
  • Upcoming Webinars

May 30, 2018

  • TLTA Delegation Travels to D.C. for ALTA Advocacy Summit 2018
  • Congressman French Hill at ALTA Advocacy Summit: Telling Our Story, Dodd-Frank Regulatory Relief Bill and TRID Improvement Act
  • 9 Provisions of Dodd-Frank Reform Bill Signed by President Trump
  • Insurance Commissioner’s Plain Language Campaign: Keep it Simple
  • Opinion: Digital Mortgage Era Requires New Approach to Tech Collaboration
  • Upcoming Webinars

May 23, 2018

  • Here's What You Need to Know About Texas' Primary Runoff Results
  • House Passes Dodd-Frank Reform Bill, Approval Now Pending from President Trump
  • Mulvaney Promises to End CFPB "Regulation by Enforcement'
  • CFPB Updates TRID Guides for Forms and Small Entity Compliance
  • Why Is Hensarling Calling for Action Against Fannie?
  • Too Big to Fix: No One Can Figure Out What to Do With Fannie and Freddie
  • Upcoming Webinars

May 16, 2018

  • Sullivan Names Slape Second-In-Command at TDI
  • TLTA Submits Amicus Letter in Case Before Texas Supreme Court
  • Primary Runoff Election Tuesday, May 22, Early Voting Underway
  • Agreement Reached on CFPB Reform Bill
  • GSE Reform's Impact on Housing
  • Upcoming Webinars

May 9, 2018

  • Proposed Online Notary Rules Published by Secretary of State
  • Mnuchin: GSE Reform Isn't Happening in 2018
  • Job Opening: Texas Department of Insurance Seeks Individual with Title Exerience for Insurance Specialist Position
  • Have a Licensing Question? Texas Department of Insurance Introduces New Website to Answer Common Licensing Questions
  • 2018 Conference Closing Breakfast: An Intimate Conversation with National Champion and Texas Sports Hall of Fame Inductee Vince Young
  • Upcoming Webinars

May 2, 2018

  • CFPB fixes TRID “black hole,” amends Know Before You Owe
  • Mulvaney’s CFPB Considers Moving Staff to the Basement, or Dallas
  • Analysis: In Texas Elections, There's Power in Small Numbers
  • Midland Takes Top Spot as Hottest Housing Market
  • Fitch: Does Blockchain Represent a Paradigm Shift for Insurance?
  • Upcoming Webinars

April 25, 2018

  • Compliance Update: GARC Fee Due May 1
  • TDI Quarterly Audit Results Published
  • Texas Attorney General Opinion: Consequences of Failing to Comply With the Requirements for Continuation of Existing Private Transfer Fee Obligations
  • ALTA-backed Bill Introduced in U.S. House to Require the CFPB to Publish More Guidance for Industry
  • Wells Fargo Hit With $1 Billion in Fines Over Home and Auto Loan Abuses
  • Upcoming Webinars

April 18, 2018

  • TLTA Sends Letters Urging Congressional Fix for TRID "Simultaneous Issue" Problem
  • Primary Runoff Election Starts in Less Than a Month
  • CFPB News: Acting Director Mulvaney Testifies Before Congress
  • TREC: To the Consumers and License Holders of Texas
  • Upcoming Webinars

April 11, 2018

  • MUST WATCH: CFPB Acting Director Mulvaney to Testify Before Congress Today and Tomorrow
  • CFPB News: U.S. Watchdog Seeks Record Fine Against Wells Fargo for Abuses
  • Major Banking Group Sides With Senate in Dodd-Frank Overhaul
  • Bank Regulatory Actions Under Trump Fall to Historic Lows
  • Millennials Using Conventional Over FHA Hits All-Time High
  • Upcoming Webinars

April 4, 2018

  • TLTA Regulatory Committee Meets in Austin
  • TLTA Comments on TDI Proposed Amendments to Basic Manual Rules
  • GSE News: Fannie Mae Now Allowing Lenders to Contribute to Borrower Closing Costs
  • CFPB News: Bureau Seeks Comment on Its Guidance and Implementation Support
  • CFPB News: Mulvaney Asks Congress to Dramatically Reduce CFPB's Independence
  • Upcoming Webinars

March 28, 2018

  • Hackers Impersonating Mortgage and Title Staffers in Wealthy Texas Suburb to Steal Down Payments
  • Ellie Mae: Homebuyers Expect Digital Mortgages, but Also Want Human-Touch Communication
  • Ellie Mae: "Significant" Reduction in Closing Times
  • CFPB NEWS: FAQs on Bankruptcy Issues Under Mortgage Servicing Rule Released
  • TLTA Webinar Addresses New eNotarization Law Effective July 1
  • Upcoming Webinars

March 21, 2018

  • Fidelity National to Acquire Stewart
  • FinCEN Renews Orders for Bexar County Through Sept. 16
  • Bipartisan Push Begins in Congress to Change CFPB Leadership to Commission
  • Senate Passes Rollback of Banking Rules Enacted After Financial Crisis
  • House Will Not Pass Current Senate Bill Easing Bank Rules: Hensarling
  • Upcoming Webinars

March 14, 2018

  • Senate Still Debating Dodd-Frank Overhaul Bill
  • Land Management: How to Get an "Ag-Exemption" and the Consequences of Losing It
  • Interest on Home Equity Loans Often Still Deductible Under New Law
  • TDI Annual Escrow Audit Report Tips
  • Upcoming Webinars

March 7, 2018

  • Senate Agrees to Begin Debate Over Dodd-Frank Overhaul Bill
  • TREC Adopts New Contract Forms: Mandatory Use Begins May 15
  • Texas Department of Insurance Launches New Website
  • CFPB News: Crapo, Hensarling Lead Court Brief Supporting Mulvaney as CFPB Head
  • Texas Primaries 2018: Full Election Results
  • Upcoming Webinars

February 28, 2018

  • TRID Improvement Act Passes House Again
  • IRS News: IRS Requires Personal Information When Verifying Taxpayer Identity
  • Realtors Release Cyber Fraud Flyer and Buyer Notice
  • Texas AG Opinion: Texas Constitution Prohibits U.S. Department of Veterans Affairs Cash-Out Refinance Loan for Texas Veterans
  • CFPB News: Gloves Off in CFPB Tug of War Between Mulvaney, Warren
  • Primary Elections: Have You Voted Yet?
  • Upcoming Webinars

February 21, 2018

  • TDI Proposes Rule Amendments to Basic Manual
  • TRID Improvement Act Approved by U.S. House
  • CFPB News: Democrats Call Out Mulvaney’s Reported Changes to CFPB Fair Lending Enforcement
  • CFPB News: Trump Administration's Latest Strike on CFPB – Budget Cuts
  • Primary Elections: Make Sure Your Voice Is Heard
  • Upcoming Webinars

February 14, 2018

  • TLTA Sends Letter Supporting Legislation to Modify TRID
  • CFPB News: CFPB Releases Strategic Plan
  • CFPB News: White House Budget Plan Proposes Cutting CFPB Budget, Restricting Enforcement Powers
  • Mortgage Choice Act Approved by U.S. House
  • Primary Elections: Why Your Vote Matters
  • Mortgage Rates Climb to Highs Not Seen in More Than a Year
  • Upcoming Webinars

February 7, 2018

  • CFPB News: Court of Appeals Rules Against CFPB, Vacates PHH’s $100M Fine for Alleged RESPA Violations
  • FHFA’s 2018 Goals: Liquidity, Stability, Access in Housing Finance
  • Realtors Urge Congress to Support Mortgage Choice Act
  • Quicken Loans Overtakes Wells Fargo as America's Largest Mortgage Lender
  • Upcoming Webinars

January 31, 2018

  • TDI Quarterly Audit Results Published
  • CFPB News: Leaked Mulvaney Memo – CFPB Must End Regulation by Enforcement
  • CFPB News: Appeal to Unseat Mulvaney Gets Expedited
  • U.S. Regulators Ready to Ease Check on Property Values: Sources
  • Upcoming Webinars

January 24, 2018

  • Compliance Update: Use Texas Disclosure Form T-64 to Correct All Incomplete or Incorrect Disclosures on Closing Disclosure
  • TDI Releases 2015 Underwriter Experience Report
  • CFPB News: Acting Director Mulvaney Announces Call for Evidence Regarding Consumer Financial Protection Bureau Functions
  • Who’s on the Texas Primary Ballots in 2018?
  • Upcoming Webinars

January 17, 2018

  • Six Critical Questions as Housing Finance Reform Heats Up
  • CFPB News: U.S. Consumer Watchdog Official Takes Leadership Fight to Appeals Court
  • Mortgage Applications Shoot Up 8.3 Percent to Start the Year
  • 10 Hottest Housing Markets of 2018
  • Upcoming Webinars

January 10, 2018

  • Regulators Seek Interpretation Amendments on Home Equity Lending; Urge Caution in Making Loans Before Adoption
  • Congress Returns to Work: Is 2018 the Year for Dodd-Frank Reform?
  • CFPB News: Kirsten Sutton Mork Named Chief of Staff
  • Fannie Mae and Freddie Mac Now Allowed to Hold $3B Capital Reserve
  • Mortgage Rates to Increase Past 4.5 Percent in 2018
  • Upcoming Webinars

January 4, 2018

  • Thanks TLTAPAC Contributors – It's Time to Make Your Commitment for 2018
  • Tax News: Clarification on Deduction of Second Mortgages
  • Reminder: GARC Fee Collection Runs Jan. 1 - Dec. 31, 2018
  • North Texas Title Agent Sentenced for Stealing Millions
  • Five Ways Financial Laws Could Change in 2018
  • Top Five Housing Predictions for 2018
  • CFPB News: Bureau Does Not Plan to Assess Penalties for Errors in HMDA Data Collected in 2018
  • Upcoming Webinars