Announcement: 2024 Report on Mortgage Lending in Texas

Last Updated on December 3, 2024

On December 1, 2024, the Department of Savings and Mortgage Lending (SML) published the 2024 Report on Mortgage Lending in Texas (Report), which summarizes the mortgage lending activity in Texas from 2019 through 2023 and provides a general explanation of the factors affecting residential mortgage loans.

Article XVI, Section 50(s) of the Texas Constitution requires the publication of this report by December 1st each year.

Effective November 28, 2024, SML was designated by the Finance Commission of Texas as the lead agency responsible for accepting petitions for changes to the home equity rules of the Joint Financial Regulatory Agencies (see 7 Texas Administrative Code §151.1), and responsibility for issuing the report was transferred from the Office of Consumer Credit Commissioner (OCCC) to SML.