This month we’re sharing a video refresher on Renovation Loans in Texas presented by our Houston-based Attorney Mitzi Noles. With many renovation loan products available in today’s market, Mitzi explains why it’s important for lenders to understand the unique requirements for creating a valid lien again the homestead to secure construction loan proceeds. To learn more, click on the link.
As always, we are here to serve you, and welcome your calls and emails. By the way, be sure and check out our Resources page on our website for tools to stay current on rules and regulations, including our latest Clients and Friends memos:
CFPB Rescinds Statement of Policy Regarding Prohibition on Abusive Acts or Practices
Federal Agencies Propose Interagency Questions and Answers Regarding Private Flood Insurance
CFPB Issues Interpretive Rule on Sex Discrimination under ECOA and Regulation B on the Basis of Sexual Orientation and Gender Identity
Proposed Withdrawal of Independent Contractor Status Under the Fair Labor Standards Act (FLSA) Rule
FDIC Adopts Statement Clarifying the Role of Supervisory Guidance
CFPB Adopts Statement Clarifying the Role of Supervisory Guidance
CFPB Public Statement on General QM and Seasoned QM Final Rules
CFPB Final Rule Amends General Qualified Mortgage Loan Definition
Remember that our knowledgeable and experienced legal team is available to you anytime you need clarification, guidance or a quick tutorial!
Up next: The Extra Mile: Mitzi Noles