7 Tex. Admin. Code § 59.300

Current through Reg. 49, No. 50; December 13, 2024
Section 59.300 - Purpose and Applicability

The purpose of this subchapter is to clarify and establish requirements applicable to persons who collect or receive a payment from a wrap borrower under the terms of a wrap mortgage loan, as provided by Finance Code Chapter 159, Subchapter D. The rules in this subchapter apply to a wrap lender or any other person who collects or receives a payment from a wrap borrower under the terms of a wrap mortgage loan, including a third-party servicer servicing a wrap mortgage loan.

7 Tex. Admin. Code § 59.300

Adopted by Texas Register, Volume 49, Number 46, November 15, 2024, TexReg 9219, eff. 11/23/2024