Texas Administrative Code
Title 7 - BANKING AND SECURITIES
Part 4 - DEPARTMENT OF SAVINGS AND MORTGAGE LENDING
Chapter 55 - RESIDENTIAL MORTGAGE LOAN ORIGINATORS
Subchapter C - DUTIES AND RESPONSIBILITIES
Section 55.200 - Required Disclosures
Current through Reg. 50, No. 13; March 28, 2025
(a) Specific Notice to Applicant. An originator sponsored by a mortgage company licensed by SML must provide a mortgage applicant with the notice required by § 56.200(b) of this title (relating to Required Disclosures). An originator sponsored by a mortgage banker registered with SML must provide a mortgage applicant with the notice required by § 57.200(b) of this title (relating to Required Disclosures). The notice must be sent at the time the originator takes the initial application for a residential mortgage loan.
(b) Posted Notice on Websites. An originator sponsored by a mortgage company licensed by SML must comply with the requirements of § 56.200(c) of this title. An originator sponsored by a mortgage banker registered with SML must comply with the requirements of § 57.200(c) of this title.
(c) Disclosures in Correspondence. An originator must provide the following information on all correspondence sent to a mortgage applicant:
