December 7, 2016
TLTA Gains Two Major Supporters in Deregulation Fight: Texas Bankers Association and Texas Association of Realtors
Texas Land Title Association | Dec. 7, 2016
TLTA is happy to announce that the board of the Texas Bankers Association voted last week to support TLTA in our efforts to maintain the current regulatory framework. The TBA Board of Directors voted to support the TLTA position and current rating system for title insurance in Texas. They join other lending trade associations that support us, including the Texas Mortgage Bankers Association (TMBA) and the Independent Bankers Association of Texas (IBAT).
In the Dec. 2016 issue of
Realtor Magazine, the Texas Association of Realtors officially announced their opposition to the proposed changes. Part of a larger piece titled "What Will the Texas Legislature Do to Your Business Next Year?", an article on page 16-17 states that "it is unknown how this type of proposal would impact the real estate industry," concluding, "TAR does not support the current proposal to deregulate title insurance."
TLTA is grateful to all of these related industry associations for their support!
Treasury Secretary Nominee Steve Mnuchin: Undoing Dodd-Frank "Top Priority"
HousingWire | Dec. 30, 2016
Steve Mnuchin, President-elect Donald Trump's selection for Treasury secretary, has already made a lot of significant public statements on housing.
In an interview with CNBC that also included Commerce Secretary nominee Wilbur Ross, Mnuchin revealed his thoughts on the Dodd-Frank Wall Street Reform Act.
Read More »
Heads Up Homeowners: Mortgage Interest Deduction on Trump’s Chopping Block
CNBC | Dec. 1, 2016
For more than a century, homeownership has come with a small bonus: The mortgage interest deduction.
It allows borrowers to deduct the interest paid on their home loans from their income taxes. Real estate agents, homebuilders and mortgage lenders have long used it as a selling point. Every so often it comes up in debate, but it is so popular that lawmakers are more than a little bit afraid to touch it. The future Trump administration apparently is not.
Read More »
Survey: Underwriting Standards Ease, a Bit
Builder Online | Nov. 30 2016
Genworth Mortgage Insurance, a unit of Genworth Financial, Inc., reported that a survey of industry executives conducted at the 2016 Mortgage Bankers Association Annual Convention and Expo in Boston found that 50 percent of industry executives believe underwriting standards are overly restrictive, down from 61 percent at the 2014 MBA Annual Convention and Expo.
Read More »
Register Today for Day at the Capitol
Register and book your hotel room for the 2017 Day at the Capitol: Feb. 13 - 14!
With the threat of deregulation we are under, showing strength in numbers and having our voices heard at the Capitol is critical. Make sure your representatives understand our system and how crucial it is, and make a difference in the future of your business and your industry by being part of this important event.
Get ready to come to Austin to advocate for your industry. We plan to pack the halls of the Capitol with title professionals!
Sponsorship opportunities for Day at the Capitol are currently available. Contact
Linda Timmons via email or 512.879.2880 for more information.
Register »
Book Your Hotel Room »
Learn More »
Register for a TLTA live webinar today, or watch one of our On-Demand Webinars!
Due Dates, Do Dates and Checking It Out (Tuesday, Dec. 13)