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"I had a home equity line of credit for $50,000." She would pay a contractor with a check from her HELOC – that’s a loan.
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The case goes back to an amendment made to the Texas constitution in 1998, which instituted exceptions for certain home equity loans and reverse mortgages. The amendment didn’t have any provisions.
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and the Texas land commissioner failed to report the house and the loan in public disclosure documents required by the state. An online records search reveals that Bush and his wife, Amanda Bush, live.