Loan impact
Summarized from the announcement · needs reviewApplies to: Closed-End Second loans on Texas properties that delegated correspondents register on or after October 26, 2026, including Texas 50(a)(6) transactions.
- Addressed to
- Delegated Correspondents
- Investor
- ArchomeFrom the publisher, not quoted from the text
- Affected areas
- Eligibility; Products
- Effective
- Oct 26, 2026
- Applicability confidence
- Needs review: some rows could not be matched to a quote from the source
Summary by AWACS. Arc Home's guide is proprietary, so AWACS does not reproduce its text. Read the official announcement ↗ (opens in a new tab)
What changed
Summarized from the announcement| Requirement | Previously | Now |
|---|---|---|
| Texas eligibility for the Closed-End Second productRelaxed | Not stated | Delegated correspondents can deliver the product on Texas properties, including Texas 50(a)(6) transactions |
What to do
AWACS interpretation · not source languageWhat to review: Nothing here is mandatory, but delegated correspondents may now deliver Arc Home's Closed-End Second product on Texas properties, including Texas 50(a)(6) home equity loans, for loans registered on or after October 26, 2026, so first review whether to offer it and how you will meet Texas 50(a)(6) requirements where they apply.
QC implications
- If the lender starts delivering Closed-End Second loans on Texas properties, QC can sample those loans to confirm they were registered on or after October 26, 2026.
- For sampled Texas Closed-End Second loans that are Texas 50(a)(6) transactions, QC can check that the Texas 50(a)(6) requirements were met where they apply.
Source and record
Version 2 · archivedChecks
Source verified: Passed
The document ID, link and publication date match the official source.
Quotes match the source: Passed
Every quoted passage appears word for word in the official document.
Requirements backed by the source: Passed, adjusted automatically
Anything marked required is backed by the requirement language and dates in the source.
- An independent check could not confirm which loans a change applies to; those conditions were removed
In scope: Passed
The document is about residential mortgage lending.
Format and labels: Passed, adjusted automatically
The record follows the AWACS format and uses its standard labels.
- A detail the source does not support was removed or adjusted
Source
- Delegated Correspondent Announcement Texas 50(a)6 for Closed End Second Loans (2026-10-29) (official) ↗ (opens in a new tab)
- Archived copy, SHA-256 cf391a10d510…
- Report an error · How versions work
Version history
- Version 2 (current)Recorded
- Version 1Recorded