In the October 29, 2021 issue of the Texas Register (Pages 7384 - 7389), the Finance Commission of Texas, on behalf of the Texas...
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Read articles below for analysis and discussion of recent trends by BM&G’s industry experts.
Celebrating Thanksgiving with Mexican Regional Favorites
Hector Tavera, a Legal Assistant in Flower Mound, says his family’s Thanksgiving is pretty simple — but you can always count on...
Texas Legislative Update IV – House Bill 2237 Revises Chapter 53, Property Code, Relating to Mechanic’s, Contractor’s, and Materialman’s Liens
This legislative update addresses House Bill 2237 from the 2021 Regular Legislative Session. House Bill 2237 is effective...
Texas Legislative Update III – Proposed Constitutional Amendments SJR 35 and HJR 125
In the 2021 Regular Legislative Session, the Texas Legislature proposed the eight constitutional amendments described below to...
Texas Legislative Update II – Bills Effective September 1, 2021
This legislative update summarizes bills from the 2021 Regular Legislative Session that are effective September 1, 2021, and...
FHFA Includes Rental Payment History in Fannie Mae’s Underwriting Process
In an August 11, 2021 News Release, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae will consider rental...
Ryan Black’s Term as HMBA Board Treasurer Ends, as Wendy Hrncir is Elected as Director
In other news, Ryan was recognized recently for his service as treasurer of the Houston Mortgage Bankers Association’s board of...
FHFA Eliminates Adverse Market Refinance Fee
Allows certain borrowers to save more money when refinancing Washington, D.C. – Today, to help families reduce their housing...
NCUA Removes Capitalized Interest Prohibition for Loan Workouts and Modifications by Federally Insured Credit Unions
In the June 30, 2021 issue of the Federal Register (86 FR 34611), the National Credit Union Administration (NCUA) published a...
Fannie Mae and Freddie Mac Announce Updated Uniform Instruments
In Selling Guide Announcement (SEL-2021-06) issued July 7, 2021, Fannie Mae announced it has updated its Uniform Instruments....