|
 |
6th Annual Southern States Servicing Conference
Join us April 14 & 15, 2010 for TMBA's 6th Annual Southern States Servicing Conference at
Gaylord Texan Resort in Grapevine, Texas. |
 |
94th Annual Convention
Join TMBA, key industry leaders and all of your mortgage friends for one of the largest mortgage banking conventions in the region! There are plenty of opportunities for sponsorships, exhibiting and advertising for this event. |
 |
www.texasmortgagelicensing.org
Let TMBA's licensing website be your main source for all your licensing and continuting education needs. TMBA, an approved educational provider through the Nationwide Mortgage Licensing System (NMLS), has always been at the forefront of the mortgage lending industry. We will continue to provide up-to-date information, publications and instructional courses that not only meet the SAFE Act licensing requirements but also expand the scope of mortgage banking. |
 |
Texas Mortgage Lending
Law & Practices Deskbook
This Second Edition of Texas Mortgage Lending Law & Practices
Deskbook builds on the strength of its predecessor First Edition,
and its subsequent updates. more |
 |
TMBA Online Store
We offer products that help further your career in the real estate finance industry, including classroom-based courses, distance-learning programs and industry publications. |
|
|
 |
Changes to Title 7, Texas Administrative Code
Chapter 80, Mortgage Broker and Loan Officer Licensing (7 TAC 80) 03.09.10
The Texas Finance Commission voted on February 19, 2010, to publish for comment in the Texas Register changes to 7 TAC 80. The changes proposed deal almost exclusively to the implementation of the Texas Secure and Fair Enforcement Licensing Act of 2008 (TX SAFE), Finance Code Chapter 180.
The Texas Register published the changes on March 5, 2010. Comments are due to SML no later than close of business April 5, 2010. Comments should be sent to my attention at smlinfo@sml.state.tx.us.
For your convenience, a copy of the proposed rule is available on SML's website.
|
Use of Your Unique Identifier Through NMLS
There is apparent confusion in the industry as to when it is appropriate to use the unique identifier number that is issued through use of the Nationwide Mortgage Licensing System (NMLS). With new federal and state requirements, some licensees and lenders have the understanding that as soon as the number is assigned it can be used to meet these new requirements.
The fact is that until your state regulator, the Texas Department of Savings and Mortgage Lending, in this case, has approved your application for a license through the NMLS, the unique identifier number should be considered a reference number for your application process and should not be used in any other official capacity. In actuality, use of the unique identifier number prior to the regulator's approval of an application would be considered a violation of licensing requirements and could constitute a basis for administrative enforcement action.
If you have any questions, do not hesitate to contact the department at licensing@sml.state.tx.us.
|
Federal Reserve Bank of Dallas
District Notice 10-11
The Federal Reserve Board has launched a new interactive website to help consumers better understand the new credit card protections that will take effect on February 22. These rules ban several harmful practices and require greater transparency in the disclosure of the terms and conditions of credit card accounts.
|
Texas Mortgage Bankers Association and TLTA Best Practices for the Real Estate Settlement Process
Texas Mortgage Bankers Association and TLTA launched the jointly endorsed Best Practices for the Real Estate Settlement Process. [download Best Practices]. |
|
|
