New State Rules Tighten Homestead Exemption Claims
Ector County chief appraiser Karen McCord announces a new filing process for homestead exemptions. Homeowners must declare no other residence exemption, provide matching Texas ID or vehicle registration, and allow DPS license record checks. Notarized affidavits or utility bills required for those without a vehicle.
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Federal bank fined for mortgage and flood act violations
The FDIC fined Western Bank of Coahoma 19000 total for violations of the Home Mortgage Disclosure Act and the Flood Disaster Protection Act of 1973. Enforcement actions were issued as consent agreements, not admissions of guilt.
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Government bid to block AT&T deal reflects telecom realties
Washington The Obama administration examines its effort to block AT T's purchase of 1 Mobile USA arguing it would lessen competition and raise prices. Experts say telecom is dominated by a few players and mergers draw extra scrutiny due to high barriers to entry for new carriers and the cost of licenses towers and satellites.
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