Finance Code › Title 3 › Chapter 157 › Subchapter D

Texas Finance Code § 157.02013

Secondary Market Transactions

Mortgage Bankers and Residential Mortgage Loan Originators · Licensing of Residential Mortgage Loan Originators; Disclosures and Requirements

This chapter does not prohibit a residential mortgage loan originator sponsored by and conducting business for a registered mortgage banker under this chapter from receiving compensation from a party other than the mortgage applicant for the sale, transfer, assignment, or release of rights on the closing of a mortgage transaction.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2013, 83rd Leg., R.S., Ch. 160 (S.B. 1004), Sec. 70, eff. September 1, 2013.