In the August 15, 2019, Federal Register (84 FR 41846) and the August 14, 2019, update to FHA Single Family Housing Policy...
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Read articles below for analysis and discussion of recent trends by BM&G’s industry experts.
FHA Cash-out Refinance Mortgages – Mortgagee Letter 2019-11
On August 1, 2019, the FHA issued Mortgagee Letter 2019-11 which reduces the current Maximum Loan-To-Value (LTV) and Combined...
Regulation Z HOEPA and Qualified Mortgage Annual Threshold Adjustments
In the August 1, 2019, issue of the Federal Register (84 FR 37565), the Consumer Financial Protection Bureau established the...
Texas Legislative Update IV – Bills Effective September 1, 2019 and Later
This legislative update summarizes bills from the 2019 Legislative Session that are effective on or after September 1, 2019,...
Employee Spotlight: Calvin Mann
Catching Up with Calvin According to Tom Black, Calvin is the worst retiree he’s ever met. Truth be told, Calvin loves...
Employee Spotlight: Robin Lyons
Houston operations manager Robin Lyons can tell you what she’ll be doing before every Houston Texans’ home game this season:...
Industry News: Update on Senate Bill 2330
Keeping up with Texas laws and regulations can seem daunting! We try to make it easy with our Clients and Friends Memos that...
Employee Spotlight: Donna Hestand
We’re shining the spotlight on a team member many know well: our Flower Mound Operations Manager Donna Hestand. Donna’s been...
Best Practices: Providing a COC
Judy, I have a file where the appraised value of the property came in lower than the sales price. The loan amount won’t change,...
Employee Spotlight: Salma Bhegani
Ten-year BM&G veteran Salma Bhegani considers her teammates in the firm’s Houston office her second family. Family is...