October 5, 2023
In This Issue:
- 3rd Special Session of 88th Texas Legislature Begins Monday
- U.S. Reps Introduce Bipartisan Bill Requiring Title Insurance on Loans Purchased by GSEs
- Supreme Court Appears Skeptical of Upending CFPB Funding in Oral Arguments
3rd Special Session of 88th Texas Legislature Begins Monday
TLTA | Oct. 5, 2023
Earlier this week Gov. Abbott sent a letter to the Speaker and Lt. Gov. announcing that the 3rd Called Session of the 88th Texas Legislature will commence 1 p.m. Monday, Oct. 9.
Earlier today the Governor issued the
special session proclamation, which includes issues on the call for the special session (note: the call can be expanded by the Governor at any time).
Your TLTA advocacy team continues to monitor all developments at the Capitol in Austin, and we'll alert you if the special session is expanded to include any issues directly related to our industry's functions or operation of the real estate market.
Review the Special Session Proclamation With Issues To Be Considered »
Read the Governor's Letter to Speaker and Lt. Gov. »
U.S. Reps Introduce Bipartisan Bill Requiring Title Insurance on Loans Purchased by GSEs
ALTA | Oct. 3, 2023
U.S. Reps. Andrew Garbarino (R-N.Y.) and Vicente Gonzalez (D-Texas) introduced a bipartisan bill that requires title insurance issued by a state licensed and regulated title insurance company on all loans purchased by Fannie Mae and Freddie Mac.
The Protecting America’s Property Rights Act (HR. 5837) is a companion bill to S. 2687, introduced by Sen. John Kennedy (R-La.) and cosponsored by Sen. Katie Britt (R-Ala.).
More News and Info from ALTA »
Supreme Court Appears Skeptical of Upending CFPB Funding in Oral Arguments
HousingWire | Oct. 3, 2023
The U.S. Supreme Court seemed reticent to issue a ruling that would dismantle the funding structure of the Consumer Financial Protection Bureau (CFPB) during oral arguments on Tuesday morning.
Read More »