Linda Rollins: A Grandmother’s Story

In Stories by News Room

To know BM&G’s longest-tenured employee Linda Rollins is to genuinely love her. She started working for the firm 22 years ago, and since then, she’s been a trusted and well-regarded member of our work family. If you’re a client, you’ve experienced her professionalism and dedication through the years. Outside of work, Linda is a mother to Deanna Myers and grandmother …

Best Practices: LO Comp Video

In Stories by News Room

In this video, Tom Black first addresses what the current law will not allow with respect to LO Comp. For example, LO Comp may not be based on a loan term or proxy for a loan term.Then, he walks us through six fact patterns – likely scenarios – and how the current law would impact the outcome of each. As …

Client Endorsement: Regions Mortgage

In Stories by News Room

“Thank you Black, Mann & Graham for continually providing excellent training materials and videos on your website. While we are practicing social distancing, it helps to know that we can stay on the forefront of timely mortgage information by visitng your site.” Susan Tomchesson Regions Mortgage Katy, TX Up next: Upcoming Conferences

Tom Column: Our Incredible Employees

In by News Room

Thumbing through Southwest Airlines’ magazine on a flight a few months back, I came across this letter penned by my friend Gary Kelly. As I read about his great admiration for the 55,000 employees of his much-admired brand, I realized that though BM&G is but a tiny fraction of his airline, we have one thing in common: a deep respect …

New Video: Texas Cash Out Lending

In Stories by News Room

Back in April, we announced the availability of an update of the Texas Cash Out Lending manual, which proved to be our most downloaded version yet. As a companion to the manual, Tom recently recorded a video on the topic, providing clarity, explanations, and in some cases, firm guidance on certain aspects of the law. We hope you’ll take some …

Best Practices: Advice for Meeting Funding Deadlines

In Stories by News Room

Continuing our series of commonly asked questions at closing, we asked Millie Simmons, our Closing Supervisor/Fulfillment Manager in Flower Mound, for advice on this question. Millie, how can we meet funding deadlines and allow for a smoother funding process?  The answer is pretty straightforward: Pre-Fund! In this fast-paced industry, where most steps of the closing process are time-sensitive, it’s crucial …

The Extra Mile: Robin Lyons

In Stories by News Room

Each month we’re profiling a member of the BM&G team who’s gone the extra mile – above and beyond the call of duty – for the team and our clients. This month, we’re featuring Houston Operations Manager Robin Lyons. Robin Lyons has more than risen to a trifecta of recent challenges: seamlessly serving clients during an unprecedented pandemic, transitioning team …

Ryan Black Elected Treasurer of HMBA

In Stories by News Room

We’re proud to announce that Houston Managing Attorney Ryan Black was recently elected Treasurer of the Houston Mortgage Bankers Association (HMBA). In his new capacity, Ryan also will serve on the Executive Committee of the organization. As with many meetings these days, the installation of new board members took place via Zoom. If you’d like to learn more about the …

FHA Mortgagee Letter 2020-19 Extends Foreclosure and Eviction Moratorium in Mortgagee Letter 2020-13

In Client and Friends Memos, FHA by BMG Memorandum

On June 17, 2020, the Federal Housing Administration (FHA) issued Mortgagee Letter 2020-19 (ML 2020-19). ML 2020-19 extends the foreclosure and eviction moratoriums originally issued in Mortgagee Letter 2020-04 and extended in Mortgagee Letter 2020-13 for borrowers with FHA-insured Single Family mortgages covered under the Coronavirus Relief, and Economic Security (CARES) Act for an additional period through August 31, 2020. …