Doug Foster
Director of Regulatory Affairs
San Antonio
with Polunsky Beitel Green since 2014
A former Texas Department of Savings and Mortgage Lending commissioner who spent 29 years in various capacities at the department, Doug assists our clients in all phases of regulatory approvals and investigations.
Doug brings to his clients a wealth of insight he has accumulated as a longtime state and national authority on mortgage regulation. He recently served as vice chairman of the board of managers for the State Regulatory Registry, which owns and operates the Nationwide Mortgage Licensing System & Registry. As an SRR board member, he served as chairman of two committees that explored both the feasibility and the eventual implementation of the Uniform State Test adopted by all 50 U.S. states and territories.
Doug is also the former chairman of the American Council of State Savings Supervisors, the national trade association for state depository financial institution regulatory agencies. In addition, he is the former vice chairman of the State Liaison Committee for the Federal Financial Institutions Examination Council, created by Congress for regulatory uniformity among the five federal agencies charged with financial industry oversight: the Consumer Financial Protection Bureau, Federal Reserve, Federal Deposit Insurance Corporation, National Credit Union Administration and Office of the Comptroller of the Currency.
A graduate of the University of Texas at Austin, Doug began his career at a credit union and worked for several years as a branch manager and loan officer for a small savings and loan before his employment with the Texas Department of Savings and Mortgage Lending.
Credentials
Honors and Certifications
- Habitat for Humanity State of Texas, Volunteer of the Year (2021)
- Texas Real Estate Teachers Association, Global Visionary Award (2014)
- Church World Service CROP, Charter Inductee Texas Hall of Honor (1995)
Education
- B.B.A., University of Texas at Austin (1982)
Professional Memberships and Community Activities
- Texas Real Estate Research Center at Texas A&M (Advisory Board vice chairman 2021 – present)
- Habitat for Humanity Texas Statewide Board Member and Treasurer (2014-2020)
- Lockhart Economic Development Corporation (2020 – present)
- Caldwell County Texas Exes (chapter president, 2019 – present)
- Foundation for the Homeless, Fundraising Team Leader (2009 – 2017)
- First United Methodist Church, Lockhart (director of youth ministry, 2003 – 2017)
- Lockhart Gaslight Baker Theatre (advisory director, 2006 – present)
Insights
MortgageLaw Minute – 2024 Updates at the Texas Department of Savings …
The Texas Department of Savings and Mortgage Lending held its 12th Annual Mortgage Industry Seminar…
MortgageLaw Minute – Lenders Beware: The CFPB’s “Repeat O …
September 16, 2024, is the effective date for the final rule creating the CFPB Nonbank…
MortgageLaw Minute: The NAR Settlement and Realtor Practice Changes
Last Halloween, a jury verdict in Kansas City, Missouri sent shockwaves through the residential real…
MortgageLaw Minute: Texas Department of Savings and Mortgage Lending Issues …
All Texas state agencies are required to review their rules for relevancy every four years….
Marty Green Shares His Thoughts on the Federal Reserve’s June Meeting
At the June Federal Open Market Committee meeting, Fed Chairman Jerome Powell announced that the…
MortgageLaw Minute: Key Considerations for Lenders Offering Texas Home Equi …
Recently we have seen an increase in the number of lenders interested in offering home…
MortgageLaw Minute: Biden Administration Announces Loan Forgiveness Program …
Today, the Biden Administration announced an “out-of-this-world” initiative aimed at providing relief and support to…
MortgageLaw Minute: Texas Department of Savings and Mortgage Lending Highli …
In its February 2024 Emerging Issues Meeting, the Texas Department of Savings and Mortgage Lending…
Marty Green and Peter Idziak Speak with American City Business Journals on …
Following a verdict in November that ordered groups of real estate companies and the National…
Doug Foster and Peter Idziak Discuss the Texas Real Estate Research Center& …
The Texas Real Estate Research Center is the nation’s largest publicly funded organization devoted to real estate…
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