November 6, 2013
CFPB to Host Public Hearing on Combined Mortgage Disclosure Rule
Rule Release Could Possibly Coincide with Nov. 20 Hearing
Last week, the Consumer Financial Protection Bureau (CFPB) announced they will host a field hearing in Boston, MA, on the combined mortgage disclosures rulemaking, which is expected soon. The hearing will take place on Wednesday, Nov. 20, at 10 a.m. CST. According to the American Land Title Association, the CFPB typically uses these events to announce the release of a new rule or a new project. The hearing will feature remarks from CFPB Director Richard Cordray, as well as testimony from consumer groups, industry representatives and members of the public. TLTA will provide a link to the live hearing on the morning of Nov. 20 in this newsletter.
TLTAbay Opens Tomorrow — Check Out the Items and Get Registered!
Auction Runs Just One Week from Nov. 7-14
The TLTAbay online auction benefiting the TLTAPAC will open at 8 a.m. tomorrow. Take a minute to check out all of the great items, and be sure to get registered while you're there so you can bid on them right away! Bidding in the TLTAbay online auction is a great way to make your PAC donation while getting something in return. Check out the auction website
here.
It's also not too late to donate an item for us to feature in the auction. We're looking for electronics, gift cards, sporting event tickets, travel vouchers, vacations, spa packages and jewelry. Don't know what to donate? Make a monetary donation and we'll do the shopping for you! Read more about the auction and make a donation
here or contact
David Glenn for more information.
Texas Voters Approve Nine Constitutional Amendments
The Texas Tribune | Nov. 6, 2013
Texas voters approved a $2 billion draft from the state's Rainy Day Fund to finance water projects in the fast-growing, drought-plagued state Tuesday night, along with eight other amendments to the state's constitution. That amendment, Proposition 6 on the ballot, had by far the highest profile of the nine proposals. It will move the money from the state's savings account into a revolving account to provide public entities with low-cost loans for water supply and conservation projects.
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Former Title Company Owner Wins Virginia Governors Race
The Washington Post | Nov. 6, 2013
Terry McAuliffe narrowly won the Virginia governor's race Tuesday, defeating Republican Ken Cuccinelli II by piling up votes in parts of the state hit hard by last month's federal government shutdown. After acidly negative campaigns by both candidates, McAuliffe — a former Democratic National Committee chairman and legendary political fundraiser who has never held elective office — took large majorities in Virginia's population centers, especially the Washington suburbs and Hampton Roads.
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