February 28, 2017
Partner Paul Kellogg was featured in the Consumer Financial Services Committee Newsletter, published by the American Bar Association. Below is a short summary of the article and a link to the publication. His full article begins at page 10.
The Texas home equity law has long bedeviled practitioners and lenders with its complexity and lack of clarity and precision. Some issues have been open to interpretation for almost two decades. Faced with a lack of regulatory guidance or court cases, lawyers and lenders have been forced to make difficult and uncertain choices. In the past year, a flurry of Texas Supreme Court cases have upended some of those long-existing practices but also provided some welcome clarity on these “open issues”.
"Texas Home Equity Gets Some Clarity"