81st Texas Legislature, Regular Session, House Bill 2779, Chapter 1147 Page: 4 of 27
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H.B. No. 2779
Credit System Institution, or credit union;
(3) a person licensed as a mortgage broker under
Chapter 156; [e+]
(4) an authorized lender licensed under Chapter 342;
or
(5) the state or a governmental agency, political
subdivision, or other instrumentality of the state, or an employee
of the state or a governmental agency, political subdivision, or
instrumentality of the state who is acting within the scope of the
person's employment [4f-
[ (A) the -, . thori,,: ,,, l e. , inclus . With .
similarr to the noticeLNot 157.007re Scin . -nd provide th
[(BE) the au::&tho%-:ried 1le-nder usesa the fo: : ad:%-'. : W Aopted
[(C) the Finace Coissio f Tes dtemi.e.
a. licns issued unde Chapter4 3421 if theC authorize lender engage
SECTION 5. Section 157.007, Finance Code, is amended to
read as follows:
Sec. 157.007. DISCLOSURE STATEMENT. A mortgage banker
shall include the following notice to a residential mortgage loan
applicant with an application for a residential mortgage loan:
"COMPLAINTS REGARDING MORTGAGE BANKERS SHOULD BE SENT TO THE
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Texas. Legislature. House of Representatives. 81st Texas Legislature, Regular Session, House Bill 2779, Chapter 1147, legislative document, June 19, 2009; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth148605/m1/4/: accessed April 26, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.