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Texas Finance Code

§ 343.103 — DISCLOSURE OF MORTGAGE INFORMATION TO SURVIVING SPOUSE

FI § 343.103Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 343. HOME LOANS · Art. B. PROVISIONS RELATING TO HOME LOANS IN GENERAL

Statute text

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(a)In this section:
(1)"Estate" has the meaning assigned by Section 22.012, Estates Code.
(2)"Heir" has the meaning assigned by Section 22.015, Estates Code.
(3)"Mortgage servicer" and "mortgagor" have the meanings assigned by Section 51.0001, Property Code.
(b)Not later than the 30th day after a mortgage servicer of a home loan receives a request for the information from the surviving spouse of a mortgagor of the home loan, accompanied by the proof required under Subsection (c), the mortgage servicer shall provide the surviving spouse with information that the mortgagor would have received in a standard monthly statement, including:
(1)the current balance information, including the due dates and the amount of any installments;

Legislative history

Added by Acts 2015, 84th Leg., R.S., Ch. 511 (H.B. 831), Sec. 1, eff. September 1, 2015.