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The Home Equity Theft Reporter: Texas A Handy Haven For Those Seeking To Dodge Debts?

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 · The Texas constitution was amended to make changes to home equity line of credit (HELOC) and home equity loan (HELoan) administration.These are the top three things you should know about the 2018 texas home equity law changes.

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 · After a lot of legwork from the industry, Texans finally have the opportunity to significantly change the state’s home equity lending market next week as people head to the polls on Election Day.

The Fix is doing finger-stretching exercises and drinking protein shakes in expectation of our live twittering of tonight’s second presidential debate between John McCain and Barack Obama in Nashville.

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protected from forced sale for the payment of all debts except for those debts expressly authorized and enumerated in that section. A Texas reverse mortgage is a creation of the state’s constitution and was expressly authorized as Section 50(a)(7) by a 1997 constitutional amendment.

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The requirements which must be followed in order to originate a valid Texas “Cash Out” or “Equity Loan” are set forth in Section 50(a)(6), Article XVI of the Texas Constitution.

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