Amend the Wolens amendment to CSHB 1188 by adding the
following at the end of the amendment:
      (1)  Add the following appropriately numbered article Chapter
5A, Title 79, Revised Statutes, and renumber existing sections
appropriately:
      Art. 5A.  ADDITIONAL REQUIREMENTS FOR EQUITY LOAN.  (a)  An
equity loan is valid only if the equity loan is:
            (1)  not closed before the lender has made a written
offer to extend to the borrower, in lieu of the equity loan, at
least one alternative loan that is:
                  (A)  not secured by the homestead;
                  (B)  in the same principal amount; and
                  (C)  extended on the same terms, except for the
rate of interest.