June 11, 2014

U.S. House Passes Mortgage Choice Act 

Jim Hyland | TLTA Federal Legislative Counsel
On June 9, 2014, the U.S. House of Representatives passed H.R. 3211, the Mortgage Choice Act of 2013, by voice vote. The bill exempts from the Qualified Mortgage (QM) three percent cap on points and fees any affiliated title charges and escrow charges for taxes and insurance. The bill was introduced by Bill Huizenga (R-MI) and Gregory Meeks (D-NY). Read More »

Fifth Circuit Casts Doubt on Borrower's Resurrection of Time Barred Defenses 

Perry Cockerell | Shareholder, Adkerson, Hauder & Bezney, P.C.
If you prosecute home equity loan foreclosures or defend insured lienholders against non-compliance complaints under Section 50(a)(6) of the Texas Constitution under a title insurance policy, be careful once the borrower decides to file for bankruptcy protection to stop the foreclosure proceeding. The application of the four-year statute of limitations to cut off borrower complaints of non-compliance is in controversy due to conflicting bankruptcy court opinions. Read More »

Don't Miss These Conference TLTAPAC Events — Register Now!

There are several TLTAPAC events you won't want to miss at TLTA's Annual Conference & Business Meeting in San Antonio, June 16-18. 

Evan Smith, the CEO and editor-in-chief of The Texas Tribune, will discuss the political landscape at the Terry Grantham Memorial PAC Breakfast & Annual Meeting on Tuesday, June 17. During Wednesday's PAC closing breakfast, James Bradley, author of the New York Times Bestselling book Flags of Our Fathers, will share the incredible story of the six young men who raised the flag on Iwo Jima.
Buy Tickets »

You also won't want to miss the Bert Massey Classic Golf Tournament & TLTAPAC Fundraiser on Monday, June 16, at the beautiful Hyatt Hill Country Golf Club.
Register »

Be sure to bring your pocketbook to the live auction and PAC fundraiser at the President's Dinner on Tuesday, June 17. Several incredible items will be up for auction, including vacations, premium sports and concert tickets and much, much more!

Upcoming Hot Topic Webinar!

Get Familiar with Texas Endorsements
Tuesday, June 24 | 2:00 - 3:00 p.m.
Presented by:
Janet S. Minke, CTIA, Alliant National Title Insurance Company
Live Version | On-Demand Version