The Finance Commission of Texas is charged with overseeing the new rules. Sen. Wendy Davis, D-Fort Worth, refused to vote on the bill, instead voting "present." During debate, Davis spoke out.
On July 1, a city ordinance went into effect that makes some of the most pernicious parts of the loan she got illegal. And it’s not just Houston: 18 cities in Texas in all have. most of the largest.
Maximum Fha Loan Congress moved to raise the loan limit for mortgages backed by the Federal Housing Administration on Thursday, despite some lawmakers’ fears of artificially propping up the market. The bill increased.
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It wasn’t even close. Today, the Houston City Council voted 15-2 to join every other major Texas city except one (hello, Fort Worth) in regulating payday loan companies. Last month, Houston Mayor.
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