Laws & Regulations | Texas Department of Banking – The Law & Guidance Manual includes select chapters from the Texas Constitution, Finance Code, and the Health and Safety Code, as well as Title 7 of the Texas Administrative Code.
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Real Estate, Probate and Trust Law Section of the State Bar of Texas. – Opinion Letters in Texas Mortgage Loan Transactions. Real Estate, Probate and Trust Law Section's Committee on Lawyer's Opinion Letters in Mortgage Loan.
Texas Foreclosure Law – Stop Texas Foreclosure. The non-judicial process of foreclosure is used when a power of sale clause exists in a mortgage or deed of trust. A "power of sale" clause is the clause in a deed of trust or mortgage, in which the borrower pre-authorizes the sale of property to pay off the balance on a loan in the event of the their default.
State Law Changes Impacting LOs, Notaries, POAs; Fed Funds on Hold – Texas Legislature has passed House Bill 3342 amending section 180.056 (h) regarding the requirement that a Residential Mortgage Loan Originator "who fails to maintain a residential mortgage loan.
Bankruptcy – Texas frequently asked questions – 6. What Different Types of Bankruptcy Should I Consider? There are four types of bankruptcy cases provided under the law: Chapter 7 is known as “straight.
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