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Home > Title 7 > Part 4 > Chapter 59 >Subchapter E > Rule 59.400
TITLE 7 - BANKING AND SECURITIES
PART 4 - DEPARTMENT OF SAVINGS AND MORTGAGE LENDING
CHAPTER 59 - WRAP MORTGAGE LOANS
SUBCHAPTER E - SUPERVISION AND ENFORCEMENT
SECTION/RULE §59.400 - Purpose and Applicability
Chapter Review Date 12/18/2015

The purpose of this subchapter is to clarify and establish requirements related to the Commissioner's authority to conduct inspections of, and investigations on, a wrap lender who is required to register as a residential mortgage loan servicer under Finance Code Chapter 158 (wrap mortgage registrant), as provided by Finance Code Chapter 159, Subchapter F. This subchapter further clarifies and establishes requirements concerning the Commissioner's authority to seek enforcement action against a wrap mortgage registrant under Finance Code Chapter 159, Subchapter G.

Source Note: The provisions of this §59.400 adopted to be effective November 23, 2024, 49 TexReg 9217.

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