Caroline Jones, Special Counsel, joins PBG director of regulatory affairs Doug Foster, who preceded Jones as the commissioner of the Texas Department of Savings and Mortgage Lending, making PBG the only Texas law firm to employ multiple former state mortgage commissioners. Foster and Jones were responsible for implementing much of the state’s current regulatory framework for mortgage lending.
As commissioner, Jones served on the board of the American Council of State Savings Supervisors, including as board chair. She also served as a member of the Federal Financial Institutions Examination Council State Liaison Committee for four years. Jones has served on the boards of Austin Habitat for Humanity, Center for Battered Women (now SAFE Alliance), Junior League of Austin, and Caritas of Austin.
A graduate of Tulane University and St. Mary’s University School of Law, Jones served as national compliance director and legal counsel for DHI Mortgage, and deputy commissioner and general counsel at the Texas Department of Savings & Mortgage Lending, before succeeding Foster as commissioner there in 2014.