Section 55.200 - Required Disclosures(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: (1) the name of the mortgage company or mortgage banker sponsoring the originator and its NMLS ID;(2) the mortgage company's or mortgage banker's website address, if it has a website; and(3) the name of the originator and his or her NMLS ID.7 Tex. Admin. Code § 55.200
Adopted by Texas Register, Volume 49, Number 46, November 15, 2024, TexReg 9205, eff. 11/23/2024