Tex. Fin. Code § 158.053 · Subchapter B. REGISTRATION OF RESIDENTIAL MORTGAGE LOAN SERVICERS
APPLICATION FOR REGISTRATION; FEE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) To register under this chapter, a residential mortgage loan servicer shall file with the commissioner an application for registration that must:
(1) be in writing;
(2) be under oath;
(3) be in the form prescribed by the commissioner; and
(4) contain:
(A) the name and the address of the principal place of business of the applicant; and
(B) the name, title, and address of the person authorized by the applicant to respond to complaints.
(b) At the time of making application, the applicant shall pay to the commissioner a registration fee in an amount not to exceed $500 as determined by the finance commission.
(c) An applicant is not required to pay a registration fee under Subsection (b) if the applicant:
(1) collects delinquent consumer debts owed on residential mortgage loans;
(2) does not own the residential mortgage loans for which the applicant acts as a residential mortgage loan servicer; and
(3) is a third-party debt collector that has filed a bond in compliance with Chapter 392.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 588 (S.B. 17), Sec. 1, eff. September 1, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.158.htm
- Text hash
- sha256 7fd49283342f7538ff50814cac3ce7b3830e3af502d56be684f150bfd3262e9b
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Fin. Code § 158.053. Each shows the citation as that text prints it.
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