July 2, 2014


We Did It — TLTAPAC Fundraising Record Tops $200,000! 

Under the leadership of our PAC Fundraising Chairs Mark Greek and Randy Pittman, and thanks to all of our generous donors and the PAC Board of Trustees, the TLTAPAC raised a record-setting $200,338! This year's record total is up 41% from the $81,930 raised just six years ago!

This great achievement wouldn't have been possible without the support you've given our fundraisers, and the leadership from our volunteers, Charlie Valdes, DJ Horn, Becky Cotton-Osmon and Jeff Copeland.

The money raised through the TLTAPAC helps educate and inform elected officials about the industry. In order for TLTA's voice to be heard, it's vital to have your support and participation in the political process. Whether it's $10 or $1,000, every dollar we raise helps. To join our efforts and be among the first to donate to the TLTAPAC this year, click here.

There are many other ways you can participate as well:

Donate items to the TLTAbay online auction and receive recognition for your donation on our website. Donate an item by emailing [email protected] with more information.

Bid on an item during the TLTAbay online auction this fall.

Mail a corporate contribution to the TLTA office to help underwrite fundraisers and cover administrative expenses.

Participate in other PAC events such as the Live Auction, golf tournament and PAC Breakfasts at the Conference next year, June 18-20, 2015 at the Gaylord Texan Resort in Grapevine. 
Whatever you do, we encourage you to get involved and support the industry that supports you!

Agent Minimum Capitalization Requirements Go Into Effect Tomorrow 

Recently adopted minimum capitalization requirements will become effective tomorrow, July 3, 2014. However, most agents will not be required to have their minimum capitalization compliance method in place until November 1, 2014. Read more here and be sure to download and review TLTA's minimum capitalization guide here

Is Your Basic Manual Up to Date?
If you have a hard copy of the Basic Manual, you need to make sure it is up to date with these new rules. Here's how to check: Section VI - Administrative Rules should include Rules S.1 through S.7. If your Basic Manual does not include these rules and you're already subscribed to TLTA's Basic Manual Online, login here, and then download Section VI. If you are not subscribed, you can sign up for the remainder of the year for just $33 here.

Tax Writers Hope to Stabilize Housing Industry 

Roll Call | June 25, 2014
A housing recovery moving in fits and starts is fueling new efforts on Capitol Hill to protect tax incentives for home ownership and oppose any reductions in the tax breaks that might be part of a broad tax overhaul. Top tax writers in both chambers say they want to provide stability to the housing industry." Read More »

Numbers Game: TILA-RESPA Timeline 

HousingWire | June 26, 2014
When it comes to the timing around the Loan Estimate form, there are three time windows you need to remember. Three days — A common theme with the TILA-RESPA Integrated Disclosure rule is the number three. In the Loan Estimate's case, the three-day window states that "the creditor is responsible for ensuring that it delivers or places in the mail the Loan Estimate form no later than the third business day after receiving the consumer's application." Read More »

Upcoming Hot Topic Webinar!

Time for Change - 2014 TREC Contract Changes
Friday, July 25 | 10:30 - 11:30 p.m. CDT

Presented by:
Dan Hamilton, Texas Agency Representative, Alliant National Title Insurance Company
Live Version | On-Demand Version