Texas Adopts Provisions Regarding Mortgage Bankers and Residential Mortgage Loan Originators

November 03, 2021

The Finance Commission of Texas (commission), on behalf of the Department of Savings and Mortgage Lending (department), adopts amendments, new rules, and rule repeals in 7 TAC Chapter 80 and Texas Residential Mortgage Loan Companies, 7 TAC Chapter 81, Mortgage Bankers and Residential Mortgage Loan Originators, which includes amendments to advertising, books and records, examinations requirements, remote work requirements, and licensing requirements effective November 4, 2021.

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