Texas Mortgage Bankers Association - TMBA

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TMBPAC [make a contribution to the TMBPAC today!]
The Official Political Action Committee for the Texas Mortgage Bankers Association
and The Voice for Practical Mortgage Lending in the State of Texas!
TMBPAC - Importance
Decisions made by the State Legislature impact not only your livelihood, but your customer’s access to mortgage money as well. In order for our voice to be effective in the legislature, we must be successful at raising funds. We have the ability to support candidates who share our industry views. Also, we have a responsibility to protect not only our businesses, but an availability of competitive mortgage money to consumers. TMBPAC is a vehicle for individuals to collectively become involved in the political process in support of issues important to their work and lives.

Successfully Effective Legislation


  • Simplification of loan originator licensing SB 1004. Drove the effort to reduce current 6 separate loan originator license types to a single license.  Crafted provisions to allow Texas to participate in the multistate license exam initiative.
  • Constitutional Amendment SJR 18. Brings Texas law on reverse mortgage in  line with all 49 other states by permitting a reverse mortgage for purchase.
  • Defeated anti-Mers legislation that would have imposed a $1,000 per transaction penalty for not filing an individual mortgage assignment when a loan is securitized or transferred.
  • Defeated 2 bills that would have made Texas out of compliance with SAFE and potentially risking CFPB takeover of mortgage licensing for Texas originators.
  • Defeated legislation that would have materially changed construction lending by imperiling lender lien priority and imposing additional obligations on construction lenders.
  • Defeated legislation that would have restricted mortgage servicing handling of casualty insurance proceeds.
  • Defeated several bills that would have imposed additional requirements on  mortgage loan servicers.
  • Fought and diverted multiple bills that would have amended the non judicial foreclosure provisions of the Property Code.
  • Successfully defended mortgage lien priority in opposing and  successfully modifying   3 separate bills.
  • Fought for property tax loan lending reform that has passed the Senate and awaits final vote on the floor of the House.


  • Legislation to give prosecutors additional tools and authority to prosecute residential mortgage fraud and the creation of the. 
  • Residential Mortgage Fraud Task Force to combine the resources of involved state agencies to combat that growing problem.
  • Clarification of home equity lending provisions to avoid legal conflicts in home equity loans.
  • Legislation to regulate the abuses by property tax lenders which have been eroding the collateral of traditional mortgage lenders.
  • Legislation to assure that mortgage bankers would be taxed only  on Texas related business.
  • In addition, TMBA strenuously opposed the following legislation that was proposed but NOT adopted during the 2007 Legislative session.
  • Legislation requiring mandatory counseling before a mortgage  loan could be made.
  • Legislation requiring a lender to determine that there was a “tangible net benefit” to the borrower before making a home loan that refinanced an existing home loan.
  • Legislation prohibiting use of a credit score in connection with making of a loan.
  • Regislation requiring a new separate (and duplicative) disclosure of any prepayment penalty on a home loan.

TMBPAC - Mission and Goal
TMBPAC’s mission is to provide funds and direction for action to be taken on legislative initiatives. Our goal is to provide funds necessary to promote TMBA legislative objectives, while encouraging total member involvement of contributions from each mortgage banker in the State of Texas.
TMBPAC - Getting Involved
Your TMBPAC contribution works collectively with that of other mortgage industry professionals to help candidates favorable to our issues. Your contributions go directly to candidates who share our philosophies and listen to our viewpoints. Your contribution reflects the commitment of our industry statewide. Help protect the mortgage industry in Texas by making a contribution to the TMBPAC today!
TMBPAC - Donation Information (TMBPAC Flyer)
All PAC contributions, like all other political contributions, must be made by individuals. Contributions can be accepted from individuals, sole proprietorships, partnerships and other political action committees. Corporation’s cannot fund TMBPAC. Mortgage bankers who operate as an individual or on an entrepreneur basis can contribute in that individual capacity. All political contributions are of public record and all PAC’s are required to make periodic reports to the Texas Ethic’s Commission of all contributions received and all contributions made to candidates. A PAC can make a contribution to another PAC unless it is precluded by its bylaws or governing documents. Contributions made to the TMBPAC are neither deductible as a business expense nor as a charitable contribution. Make your contribution online today!
Opportunities for TMBA
TMBA faces the challenge to protect Texans in the real estate finance industry by proactively supporting legislative initiatives that move us forward. It is important for us to draw upon our collective experience to educate the Texas Legislature about financial services that are beneficial to Texans, as well as the real estate finance industry. What happens in Austin is critical to the ability of mortgage lenders to engage in mortgage lending fairly and profitably in this State. Collectively, we can make a greater impact in shaping elections than we can individually. Make a contribution to the TMBPAC and join with mortgage bankers and other industry professionals to help determine who gets elected to public office in this State and who will make the crucial decisions that affect our business.

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