Tex. Fin. Code § 180.052 · Subchapter B. LICENSING AND REGISTRATION REQUIREMENTS
ENROLLMENT OR REGISTRATION WITH NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A licensed residential mortgage loan originator must enroll with and maintain a valid unique identifier issued by the Nationwide Mortgage Licensing System and Registry.
(b) A non-federally insured credit union that employs loan originators, as defined by the S.A.F.E. Mortgage Licensing Act, shall register those employees with the Nationwide Mortgage Licensing System and Registry by furnishing the information relating to the employees' identity set forth in Section 1507(a)(2) of the S.A.F.E. Mortgage Licensing Act.
(c) Each independent contractor loan processor or underwriter licensed as a residential mortgage loan originator must have and maintain a valid unique identifier issued by the Nationwide Mortgage Licensing System and Registry.
(d) The regulatory official who administers the law under which a residential mortgage loan originator is licensed shall require the residential mortgage loan originator to be enrolled with the Nationwide Mortgage Licensing System and Registry.
(e) For purposes of implementing Subsection (d), the regulatory official may participate in the Nationwide Mortgage Licensing System and Registry.
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 1, eff. June 19, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.180.htm
- Text hash
- sha256 310ce2cc6db61b05cfc5c8c92ff660812dbab2fcf84ff2a7f2ceb27512884315
- 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 5 provisions
Provisions in this library whose text cites Tex. Fin. Code § 180.052. Each shows the citation as that text prints it.
Finance Code
- Tex. Fin. Code § 157.012LICENSE REQUIRED FOR RESIDENTIAL MORTGAGE LOAN ORIGINATORS.Printed as Section 180.052
- Tex. Fin. Code § 342.0515RESIDENTIAL MORTGAGE LOAN ORIGINATOR ACTIVITIES.Printed as Section 180.052
- Tex. Fin. Code § 347.4515RESIDENTIAL MORTGAGE LOAN ORIGINATOR LICENSE REQUIRED.Printed as Section 180.052
- Tex. Fin. Code § 348.5015RESIDENTIAL MORTGAGE LOAN ORIGINATOR LICENSE REQUIRED.Printed as Section 180.052
- Tex. Fin. Code § 351.0515RESIDENTIAL MORTGAGE LOAN ORIGINATOR LICENSE REQUIRED.Printed as Section 180.052
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.