Uncategorized
2025 Legislative Update: Key Changes to Texas Real Estate and Property Laws
The 89th Texas Legislature has enacted several new laws impacting real estate transactions, property ownership, and recording practices...
Fannie Mae Limited Cash-Out Update
In a recent Selling Guide update, Fannie Mae revised the eligibility requirements for limited cash-out refinance transactions. For app...
FHA Adds Supplemental Consumer Information Form Requirement for Mortgage Originations
Today, the Federal Housing Administration (FHA) published Mortgagee Letter (ML) 202...
2023 Texas Legislative Session Wrap-Up
On May 29th, the Texas Legislature concluded its 2023 regular session. The mortgage and title industries were closely watching several ...
FREDDIE MAC – UCD – Correspondent Assignment Center Retiring December 3, 2022
Effective December 3, 2022, Freddie Mac will be retiring their UCD - Correspondent Assignment Center. At that time, you will no longer ...
Updated Seller/Servicer Financial Eligibility Requirements (Fannie Mae Featured News, Aug. 24, 2022)
The Federal Housing Finance Agency (FHFA) has announced Updated Minimum Financial Eligibility Requirements for Enterprise Seller/Servic...
HUD Requires a Unique Entity Identifier for FHA-Approved Lenders, Mortgagees, and Entities Seeking FHA Approval (FHA INFO 2022-77, August 23, 2022)
Today, the Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2022-14, Unique Entity Identifier for FHA-Approved Lend...
Texas Quitclaim Deed Change Effective September 1
Recently passed Texas Senate Bill 885 institutes a new four year statute of limitations for a quitclaim deed in the chain of title. Thi...
Texas Bill Makes Removing Discriminatory Deed Provisions Easier
In thousands of real property deeds across the state, there are discriminatory restrictions barring non-white families from moving into...
Fannie Mae Loan Limits Increase in 2021
Loan limits in 2021 are increasing. The new loan limit for most of the country will be $548,250 - a 7.42% increase over the 2020 l...