7 Tex. Admin. Code § 78.300

Current through Reg. 49, No. 45; November 8, 2024
Section 78.300 - 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 § 78.300

Adopted by Texas Register, Volume 46, Number 53, December 31, 2021, TexReg 9240, eff. 1/8/2022