Prestigious appointment recognizes Green’s standing as one of the State’s leading authorities on residential mortgage lending and the economic factors that impact the sector
SAN ANTONIO – Texas Governor Gregg Abbott today announced the appointment of Polunsky Beitel Green principal, Marty Green, to the Finance Commission of Texas, the body that regulates the State’s consumer credit, banking, and mortgage lending activity. Widely recognized as one of the nation’s foremost legal authorities on residential mortgage lending, Green joins an important group tasked with crafting policy and helping ensure that state depository and lending institutions function as a system. He will serve a six-year term.
“I am honored to be appointed by Governor Abbott to the Finance Commission of Texas and look forward to working alongside Chairman Holt and my fellow commission members to ensure that our state continues to lead and innovate in all areas of financial services,” Green said.
Green has more than 30 years of high-level experience in the legal, banking, and financial services industries. Leading PBG’s Dallas office, he advises clients on navigating the complexities of the latest regulations governing residential lending. Earlier in his career, Green was executive vice president and general counsel for Dallas-based CTX Mortgage Company, then the country’s largest non-bank residential lender. He was also special counsel at Baker Botts, a leading international law firm.
“We at PBG have, for many years, been fortunate to have a front-row seat to witness Marty’s significant skill in understanding and counseling clients on the complexities of the mortgage industry,” said Allan Polunsky, managing partner and co-founder of Polunsky Beitel Green. “It’s wonderful that the state of Texas, through his appointment to the Finance Commission, will now benefit from Marty’s expertise. Governor Abbott could not have made a better appointment than Marty for this role.”
Established in 1943, the Finance Commission of Texas consists of eleven members appointed by the Governor of Texas. The Commission is responsible for:
- Overseeing and coordinating the Texas Department of Banking, the Department of Savings and Mortgage Lending, and the Office of the Consumer Credit Commissioner.
- Serving as the primary point of accountability for ensuring that state depository and lending institutions function as a system.
- Developing policy for and appoints commissioners to TXDOB, SML, and OCCC.
With Green’s appointment, PBG becomes the only law firm ever to have two of its principals appointed to the Finance Commission. Firm founder Allan Polunsky served on the Commission from 2003 through 2007. PBG is also the only firm ever to have had two of its professionals serve as commissioners of the Texas Department of Savings and Mortgage. Director of Regulatory Affairs, Doug Foster, served from 1983 until 2014, and special counsel, Caroline Jones, served in the same capacity from 2014 until 2022.
About Polunsky Beitel Green
Polunsky Beitel Green is Texas’ oldest law firm exclusively dedicated to providing residential mortgage originators with document preparation and review services, as well as legal, regulatory and compliance support. The firm’s principals, Allan Polunsky, Jay Beitel and Marty Green have more than 100 years of combined experience in the specialized field of residential mortgage lending. Polunsky Beitel Green has offices in San Antonio, Dallas and Houston, with firm employees also embedded in clients’ offices throughout Texas and in more than 25 other states. Collectively, the firm serves residential mortgage lenders in all 50 U.S. states.