Department of savings

Governor Abbott Appoints New Finance Commission Chair and Members

On April 6, Governor Abbott appointed Phillip Holt to Chairman of the Finance Commission of Texas. He has served on the Finance Commission since 2016.  Mr. Holt is Vice-President of Conn’s Home Plus. On the same day, Governor Abbott appointed Larry Long to be a public member of the Finance Commission of Texas. Mr. Long is owner …

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Savings & Mortgage Lending Staff Serving Nationally

SML STAFF  ON NATIONAL MORTGAGE BOARDS AND COMMITTEES   SML has several members of its  mortgage examination staff serving on national boards or committees. This email is to update you on who they are and the boards or committees they serve on.   Recently, the following were appointed to the organizations  named below:   ·         Bill …

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TLDA Response to Sunset Commission Recommendations

The Texas Department of Savings & Mortgage Lending (TDSML), which is the regulating agency of our industry, appears before the Sunset Committee this week, in consideration of their recent recommendation to abolish the agency, rolling it into the Texas Department of Banking.  The Texas Land Developers Association has formulated the below response and invite our …

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Sunset Report Released for Department of Savings & Mortgage Lending

As you know, the Texas Sunset Commission is conducting a review of the Texas Department of Savings & Mortgage Lending, along with the Texas Department of Banking, Office of Consumer Credit Commissioner, and Finance Commission of Texas. Sunset just released its report, recommending moving the Texas Department of Savings & Mortgage Lending into the Department …

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