As you read in Millie’s article, we’re adapting the way we work to best serve our team and our clients during this unusual time....
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Read articles below for analysis and discussion of recent trends by BM&G’s industry experts.
Now Premiering: Renovation Loans Video
This month we’re excited to share our latest video on the topic of Renovation Loans in Texas narrated by a member of our...
Working in the Time of COVID-19
Contributed by Flower Mound-based Closing Manager Millie Simmons In these challenging and uncertain times, we are all facing...
Getting to Know the BM&G Team: Donna Hestand
Each month we’re asking team members eight questions about themselves — from fun facts to superpowers and the best part of...
Celebrating BM&G Family Milestones
During moments like these, it’s important to stop and celebrate life’s special milestones! We’d like to shine a spotlight here...
Renovation Loans
https://bmandg.wistia.com/medias/h50kb9suhj?embedType=async&videoFoam=true&videoWidth=640
President Donald Trump’s March 13, 2020 Declaration of a National Emergency Permits Waiving of Texas Home Equity Seasoning Periods for “50(a)(6) Loans” But Not for “F2 Conversion” Loans.
Under Texas law, there is generally a one-year seasoning period for refinancing an existing loan made under Article XVI, Section...
CFPB Issues Policy Statement – “Statement on Supervisory and Enforcement Practices Regarding the Fair Credit Reporting Act and Regulation V in Light of the CARES Act”
On April 1, 2020, the Bureau of Consumer Financial Protection issued the above Policy Statement “to highlight furnishers’...
Credit Reporting Protection for Consumers During COVID–19 Pandemic
On March 27, 2020, the President signed into law the CARES Act (Public Law No. 116-136). Section 4021 of the Act amends Section...
Tom Black: We’ve Got You Covered
With the advent of the COVID-19 or Coronavirus, we’re all navigating uncharted waters these days. The virus has upended life as...