Client Memos Archives - Polunsky Beitel Green

CFPB Files Appeal of Fifth Circuit Decision Holding Bureau’s Funding Scheme Unconstitutional

On November 14, 2022 the CFPB filed a petition for a writ of certiorari with the United States Supreme Court, seeking to overturn the Fifth’s Circuit opinion in ... Read More

Client Memos

Priority of Homeowner Association Assessment Liens and Subordination to the Mortgage Lien

We often receive questions concerning whether an assessment lien imposed by the subject property’s homeowner’s association (“HOA”) is superior to the lender’s ... Read More

Client Memos

Revised: All things New at Texas Savings and Mortgage Lending

New – Commissioner The Search Committee of the Texas Finance Commission has narrowed its search for a new commissioner for the Department of Savings and ... Read More

Client Memos

Legislative Changes to Homestead Property Tax Exemption Effective January 1, 2022

Under Texas law, prior to January 1, 2022, persons buying residence property had to wait until the year following acquisition to file for a homestead ad valorem ... Read More

Client Memos

Texas Home Equity Lending and Prohibited Additional Collateral Part Two: VA Guaranties and FHA Mortgage Insurance

Section 50(a)(6)(H) of Article XVI of the Texas Constitution prohibits a home equity loan from being secured by any additional real or personal property other ... Read More

Client Memos

Amendments to Texas Home Equity Interpretations under 7 TAC 153

COMMISSIONS AMEND TEXAS ADMINISTRATIVE CODE TO MAKE CLEAR LENDERS MAY USE ELECTRONIC DISCLOSURES, DOCUMENTS, AND SIGNATURES FOR HOME EQUITY LOANS AND THAT ... Read More

Client Memos

Client Memo – Texas Home Equity Lending and Prohibited Additional Collateral Part One: Non-Owner Borrowers

Over the past few months, we have received a number of questions regarding whether an individual who is a non-owner may be a co-borrower or co-signer on a ... Read More

Client Memos

CFPB Guidance Regarding Juneteenth to Count as Federal Holiday for TRID & Rescission Purposes

On June 18, 2021, we issued a Memorandum on the fact that President Joe Biden signed into law the Juneteenth National Independence Day Act. In that update, we ... Read More

Client Memos

The Current State of General Qualified Mortgages and Ability to Repay Requirements Under Regulation Z

Peter B. Idziak Recently, we have received some inquiries seeking clarification concerning the current definition and underwriting requirements relating to ... Read More

Footer

Explore

Office Locations