Texas Administrative Code
Title 7 - BANKING AND SECURITIES
Part 4 - DEPARTMENT OF SAVINGS AND MORTGAGE LENDING
Chapter 79 - RESIDENTIAL MORTGAGE LOAN SERVICERS
Subchapter A - REGISTRATION
Section 79.3 - Registration - General

Universal Citation: 7 TX Admin Code ยง 79.3

Current through Reg. 49, No. 38; September 20, 2024

(a) Applications for Residential Mortgage Loan Servicer registrations must be submitted through the Nationwide Mortgage Licensing System and Registry and must be on the prescribed application form.

(b) A registration, notice, or any other filing with the Department will be deemed submitted only if it is complete. A filing is complete only if all required supporting documentation is included and only if all required fees have been received by the Department. If an applicant fails to provide the Department any information or supplemental documentation within 30 days from the date of request, the application may be deemed withdrawn.

(c) All registrations issued shall be valid for a term of not more than one year from the date of issuance and shall expire on December 31st of the year issued.

(d) The fees for the registration of a residential mortgage loan servicer shall be established by the Commissioner. The amount of the fees may be modified upon not less than 30 days advance notice posted on the Department website. Fees are nonrefundable and nontransferable.

(e) The registrant must notify the Department of any change to any information provided in the registration application within 30 days after the date of the information change.

Disclaimer: These regulations may not be the most recent version. Texas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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