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Home > Title 7 > Part 4 > Chapter 55 >Subchapter A > Rule 55.1
TITLE 7 - BANKING AND SECURITIES
PART 4 - DEPARTMENT OF SAVINGS AND MORTGAGE LENDING
CHAPTER 55 - RESIDENTIAL MORTGAGE LOAN ORIGINATORS
SUBCHAPTER A - GENERAL PROVISIONS
SECTION/RULE §55.1 - Purpose and Applicability

This chapter governs SML's administration and enforcement of Finance Code Chapter 157, the Mortgage Banker Registration and Residential Mortgage Loan Originator License Act (other than Subchapter C), and Chapter 180, the Texas Secure and Fair Enforcement for Mortgage Licensing Act of 2009 (Texas SAFE Act), concerning the licensing and conduct of residential mortgage loan originators. This chapter applies to individuals licensed by SML as a residential mortgage loan originator or those required to be licensed, except for individuals engaged in authorized activity subject to the authority of the regulatory official under Finance Code §180.251(c).

Source Note: The provisions of this §55.1 adopted to be effective November 23, 2024, 49 TexReg 9203.

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