Texas Finance Code

§ 159.001 — DEFINITIONS

FI § 159.001Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part E. OTHER FINANCIAL BUSINESSES · Ch. 159. WRAP MORTGAGE LOAN FINANCING · Art. A. GENERAL PROVISIONS

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In this chapter:

(1)"Commissioner" means the savings and mortgage lending commissioner.

(2)"Finance commission" means the Finance Commission of Texas.

(3)"Residential mortgage loan" has the meaning assigned by Section 180.002.

(4)"Residential real estate" has the meaning assigned by Section 180.002.

(5)"Wrap borrower" means a person obligated to pay a wrap mortgage loan.

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Legislative history

Added by Acts 2021, 87th Leg., R.S., Ch. 76 (S.B. 43), Sec. 3, eff. January 1, 2022.