The Changing Face of Texas

By Gary Maler & Harold D. Hunt, Tierra Grande Magazine
Forty years ago, the population of Texas was largely rural and white. Forty years from now, it will be largely urban and Hispanic. The state’s demographics will shift dramatically during the next several decades. The face of Texas will change. And with change comes opportunity. 

Where will future Texas residents come from? Where will they want to live and why? How will this affect residential real estate markets? 

  

BUSINESS & INDUSTRY NEWS

 

The New Financial Reform Law: How Will It Impact You?

The New Financial Reform Law Will Affect Everyone – Get the latest information on this important new law and the potential changes ahead through TLTA's Webinar on Sept. 8.

In this Webinar You’ll Learn:

How the 2,300-page bill will impact your business and the hundreds of rulemakings that will follow
About the new Consumer Financial Protection Bureau and its vast new federal powers under this law
Key points found in the section of the bill devoted to reform of the mortgage market
Join us as TLTA's Washington D.C. Counsel Jim Hyland and ALTA President Kurt Pfotenhauer highlight the key elements in this law that will affect our industry and your business for years to come. Don’t miss it! 

ALTA, TLTA and Other State Associations Partner

After state association leadership expressed the need for enhanced collaboration, two steering committees were formed in an effort to cultivate positive relationships between ALTA and state land title associations, while fostering enhanced partnerships between state associations.

At last year’s ALTA Annual Convention, leadership from several state associations discussed how to develop a more effective communication channel and bring a more formalized organizational structure between state land title association executives to enhance the relationship among state associations and with ALTA.

 Leslie Midgley, executive vice president of the Texas Land Title Association; Pam Croke, executive vice president of the Pennsylvania Land Title Association; Mark Bennett, executive director of the Ohio Land Title Association; and Craig Paige, executive vice president and counsel for the California Land Title Association, were assigned to an exploratory committee to examine how to achieve these goals.

“We’ve come a long way in the past year since we began discussing the need for more coordination among land title associations nationwide. I feel very good about the progress we’ve made and the proactive plan we now have in place that creates a network for communication and collaboration, both among state associations and between the states and ALTA,” Midgley said. “Being able to build on the strengths of our collective memberships to work on issues of common interest and concern, will in my view, be a great benefit to the industry, particularly in the area of advocacy.” 

Have you joined ALTA? Dramatically discounted pricing is available to TLTA members. Learn More or Sign up for joint membership by contacting the TLTA office at 512.472.6593.

Are You Prepared for eMortgages?

By Dr. Vicki DiPasquale
Open any mortgage banking magazine today and you will find articles about eMortgage strategies for residential lending. The mortgage industry has been talking about electronic origination, processing and closings for more than 10 years yet, until now, many lenders have been slow to adopt eMortgage technology and even slower to move forward with e-closing efforts. The economic slowdown has revitalized these efforts making eMortgages ever more enticing as lenders step up competitive and cost-savings measures. 
 

National Title Underwriter Announces Texas Agency Team

WFG National Title Insurance Company, a wholly owned subsidiary of Williston Financial Group, has announced its Texas agency team, to be led by Russell Sugg, Senior Vice President and Regional Agency Manager. 

YOUR ASSOCIATION AT WORK

TLTA Committees Hold First Meetings
The TLTA offices have been a flurry of activity hosting committee meetings in July and August. TLTA committees are charged with planning the programs and activities of the association and making recommendations to the Board of Directors. In the last two months, 31 committee and subcommittee meetings have been held and more than 200 volunteers have contributed countless hours on your behalf. Below is a snapshot of the work that's been done.

Education Committee
Met August 5 and formed seven subcommittees with the goal of developing new webinars and in-person programming addressing regulatory compliance, hot issues, industry basics and more. TLTA’s next webinar about the new financial reform legislation will be Sept. 8. 

Land Title School Committee
Met August 12 to plan the March 7-11, 2011 program at the Doubletree Hotel in Austin. A revised schedule has been proposed and three subcommittees have been created to undertake a content review.

Land Title Institute Committee
Met August 18 and has identified 23 timely topics that will be covered in the December 2-3, 2010 program at the Hyatt Hill Country Resort in San Antonio. 

Certification Committee
Met on August 25 and discussed the upcoming September 14th tests in Dallas and Houston. There was also a call for members to review and improve study resources by working in subcommittees, plus work with the Education Committee to build Webinars on some of the 28 core content areas. 

Legislative Committee
Met August 18 to discuss potential legislative initiatives as well as areas of concern where TLTA may spend its time and resources defending our industry during the 82nd Legislative Session. Over the last week, nine legislative subcommittees met to analyze and review 23 proposed initiatives. The full committee is set to reconvene shortly thereafter to develop its 82nd Legislative Agenda which will be presented to the TLTA Board for approval during their October board meeting.

Regulatory Committee
Met August 24 for an initial review and discussion about potential regulatory issues. While the Commissioner has not issued a ruling in the 2008 Biennial Rate Hearing, the committee continues to prepare for the to-be-determined 2010 Biennial Rule and Rate Hearings. 

Member Services Committee
Met August 24 and discussed membership recruiting and retention across all membership types. The committee also talked about the importance of strength in numbers and set a goal of reaching 1,000 Individual Members by the end of the year. Individual Membership renewal notices will be out in the next few weeks and we need everybody to renew to meet our goal. 

Conference Committee
Met August 26 to approve the proposed schedule for this year’s Annual Conference and Business Meeting being held June 16-18, 2011 at the new JW Marriott Hill Country in San Antonio. Building on the theme “No Place Like Texas,” the committee will be lining up guest speakers in the coming months.

Young Professionals Committee
Met September 2 and discussed how to grow the Young professionals Network. Subcommittees were also formed to further develop educational events across the state and to develop a mentoring program. 

TLTA's committees will continue their work throughout the year and the remaining committees will be meeting over the coming weeks. View all TLTA committees. Want to get involved with a committee? 


 
Thanks to our generous members, the Annual TLTbay Online Auction benefiting the TLTAPAC has become a yearly success - but we need your help to secure auction items to ensure another spectacular year!

 
MEETING YOUR NEEDS - TOOLS & RESOURCES


TLTA is holding a series of 15 regional meetings across the state from August through October and members are encouraged to attend the meeting in their area. TLTA President Brian Pitman, Executive Vice President Leslie Midgley and Director of Government Affairs  and Counsel Aaron Day will update you on issues of vital concern to our industry including what's happening at TDI, what to expect in the legislative session, what's coming out of Washington D.C., and any economic or industry trends they see developing. They will also outline how TLTA is addressing all these critical issues, and most importantly, set aside plenty of time to hear your concerns and answer your questions.

Successful meetings have already been held in Corpus Christi, Harlingen, El Paso and San Antonio.

Make sure your company has a presence by attending and bringing key personnel from your office, including any up-and-coming young professionals who would benefit. Attendees will receive .5 hours of escrow credit. 

2010 - 2011 Member Directory Available Now

The printed 2010-2011 TLTA Membership directory is now available for purchase. This version contains updated information about TLTA leadership, TLTA staff contacts as well as the most up-to-date agent and underwriter listings. The printed Membership Directory is $45 for members and $100 for non-members.
 

Active Escrow Officers List Now Online

As part of our effort to develop more resources for you on our website for our members, we recently added a link that allows you to download TDI’s Excel spreadsheet of active escrow officers. The list is typically updated at the first of each month. Note that the list may show escrow officers whose licenses have been received by TDI for cancellation, but haven’t yet been processed. Download the list.

 
NEWS FROM THE TLTA COMMUNITY

 
TLTA Member Carl Pankratz Selected for State Bar Leadership Class
 TLTA member Carl Pankratz was selected last week for the 2010-2011 State Bar of Texas Leadership Class by the State Bar of Texas and the Texas Young Lawyers Association.

The State Bar of Texas Leadership Class is comprised of 20 lawyers from throughout Texas that exemplify proven leadership in their community, legal community and in the lives of others.

Pankratz is an active member of the TLTA, serving on the TLTAPAC Board of Trustees, Federal Issues Committee and Communications and Marketing Committee. 


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