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Committee on Financial Institutions - 77th R.S. (2001)
Review the mortgage lending industry in Texas to determine whether the expectations of the Mortgage Broker Licensing Act of 1999 and subsequent related legislation are being met.
Research trends and practices in the sub-prime lending market in Texas and identify any issues of public concern in those markets.
Review the practices of financial institutions to comply with consumer privacy provisions of the Gramm-Leach-Bliley Act, and assess the ease and convenience afforded customers in exercising their choices.
Evaluate the ability of the Texas agricultural community to gain access to capital markets throughout the state. Identify barriers to financing of viable agricultural and value-added enterprises. Review and evaluate the finance programs administered by the Texas Department of Agriculture. (Joint with House Committee on Agriculture and Livestock)
Study the methods currently used to report pawnshop transaction data between pawn shops and law enforcement agencies.
Actively monitor agencies and programs under the committee's oversight jurisdiction.
Kip Averitt (Chair) resigned 4/9/2002. Holt Getterman (Member) appointed 5/21/2002.
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