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Click below to view Black, Mann and Graham’s newest training video “Welcome to Texas”. The video contains things that a new lender entering the Texas market should know ( or things about which a seasoned lending doing business in Texas may have long been confused ). The topics include: Homestead , Marital Rights, Licensing and Registration, Disclosures, Document Preparation, Wet Settlement Requirements and Title Insurance. Welcome to Texas and thanks for using Black , Mann and Graham for your document preparation needs.

Please click on the video below to access the TRID 2.0 Overview presentation. Please make sure you have your speakers on to listen and follow the presentation materials. You may download the documents which are covered in the TRID 2.0 Overview presentation below within the “Downloads” section. For the best view of the documents open the following PDF file on your computer or download the PDF and follow along with the recorded presentation.

Attorney Tom Black explains the proposed changes to the Texas “Cash Out” rules and offers insights to possible implementation issues in the video below. These changes are associated with our June 15th memo on “Home Equity Lending Proposed Constitutional Amendments” which can be accessed by clicking the link under “Complete Memorandum” below.

Please click on the video below to access the loan originator compensation presentation. Please make sure you have your speakers on to listen and follow the presentation materials. You may download the documents which are covered in the loan originator compensation presentation below within the “Downloads” section. For the best view of the documents open the following PDF file on your computer or download the PDF and follow along with the recorded presentation.

PRESENTATION TOPICSection 1472 Dodd-Frank Wall Street Reform and Consumer Protection (Section 129E of the Truth in Lending Act.)Section 226.42 Federal Reserve Board Regulation Z (effective April 1, 2011)OTHER SOURCES:Interagency Appraisal and Evaluation Guidelines (Interagency Guidelines)Fannie Mae/Freddie Mac Appraiser Independence Requirements (Announcement SEL-2010-14 Dated: OCT. 15, 2010)HUD Mortgagee Letter (2009-28 Dated: SEPT. 18, 2009)

On November 17, 2008, the Department of Housing and Urban Development (“HUD”) published in the Federal Register (pages 68204 – 68288) its final rule (“final rule”) amending Regulation X. The final rule has two effective dates. Certain sections of the final rule are effective January 16, 2009 (and were the subject of our November 26, 2008 memorandum), and other sections of the final rule are effective January 1, 2010. Except for the brief discussion of HUD’s recent withdrawal of the final rule’s revised definition of “required use,” this memorandum will address those final rule changes that are effective January 1, 2010.

On November 17, 2008, the Department of Housing and Urban Development (“HUD”) published in the Federal Register (pages 68204 – 68288) its final rule (“final rule”) amending Regulation X. The final rule has two effective dates. Certain sections of the final rule are effective January 16, 2009 (and were the subject of our November 26, 2008 memorandum), and other sections of the final rule are effective January 1, 2010. Except for the brief discussion of HUD’s recent withdrawal of the final rule’s revised definition of “required use,” this memorandum will address those final rule changes that are effective January 1, 2010.