reglab/housing_qa huggingface dataset:
TX Fin Code § 180.060 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle E - Other Financial Businesses|Chapter 180 - Residential Mortgage Loan Originators|Subchapter B. Licensing and Registration Requirements|Section 180.060. Continuing Education Courses

Sec. 180.060.  CONTINUING EDUCATION COURSES.  (a)  To renew a residential mortgage loan originator license, a license holder must annually complete the minimum number of hours and type of continuing education courses required by the S.A.F.E. Mortgage Licensing Act, the minimum requirements established by the Nationwide Mortgage Licensing System and Registry, and any additional requirements established by the regulatory official.(b)  Continuing education courses, including the course provider, must be reviewed and approved by the Nationwide Mortgage Licensing System and Registry as required by the S.A.F.E. Mortgage Licensing Act.  Course credit must be granted in accordance with that Act.(c)  Nothing in this section precludes any continuing education course approved in accordance with the S.A.F.E. Mortgage Licensing Act from being provided by:(1)  the employer of the license holder;(2)  an entity affiliated with the license holder by an agency contract; or(3)  a subsidiary or affiliate of the employer or entity.(d)  A person who successfully completes continuing education requirements approved by the Nationwide Mortgage Licensing System and Registry for another state shall be given credit toward completion of the continuing education requirements of this section.|Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 1, eff. June 19, 2009.|
TX Fin Code § 180.061 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle E - Other Financial Businesses|Chapter 180 - Residential Mortgage Loan Originators|Subchapter B. Licensing and Registration Requirements|Section 180.061. Rulemaking Authority

Sec. 180.061.  RULEMAKING AUTHORITY.  A rulemaking authority may adopt rules establishing requirements as necessary for:(1)  conducting background checks by obtaining:(A)  criminal history information through fingerprint or other databases;(B)  civil administrative records;(C)  credit history information; or(D)  any other information considered necessary by the Nationwide Mortgage Licensing System and Registry;(2)  payment of fees to apply for or renew licenses through the Nationwide Mortgage Licensing System and Registry;(3)  setting or resetting, as necessary, license renewal dates or reporting periods;(4)  amending or surrendering a license or any other activity a regulatory official considers necessary for participation in the Nationwide Mortgage Licensing System and Registry; and(5)  investigation and examination authority for purposes of investigating a violation or complaint arising under this chapter or for purposes of examining, reviewing, or investigating any license holder or individual subject to this chapter.|Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 1, eff. June 19, 2009.|
TX Fin Code § 180.062 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle E - Other Financial Businesses|Chapter 180 - Residential Mortgage Loan Originators|Subchapter B. Licensing and Registration Requirements|Section 180.062. Confidentiality of Information

Sec. 180.062.  CONFIDENTIALITY OF INFORMATION.  (a)  Except as otherwise provided by this section, a requirement under federal or state law regarding the privacy or confidentiality of information or material provided to the Nationwide Mortgage Licensing System and Registry, and a privilege arising under federal or state law, or under the rules of a federal or state court, continue to apply to the information or material after the disclosure of the information or material to the Nationwide Mortgage Licensing System and Registry.  The information and material may be shared with federal and state regulatory officials with mortgage industry oversight authority without the loss of any privilege or confidentiality protections afforded by federal or state laws.(b)  Information or material subject to a privilege or confidential under Subsection (a) may not be subject to:(1)  disclosure under any federal or state law governing the disclosure to the public of information held by an officer or an agency of the federal government or this state; or(2)  subpoena, discovery, or admission into evidence in a private civil action or administrative proceeding.(c)  A person who is the subject of information or material in the Nationwide Mortgage Licensing System and Registry may waive, wholly or partly, any privilege held by the Nationwide Mortgage Licensing System and Registry with respect to the information or material.(d)  A regulatory official may enter into an agreement or sharing arrangement with another governmental agency, the Conference of State Bank Supervisors, the American Association of Residential Mortgage Regulators, or other associations representing appropriate governmental agencies as established by rule of the rulemaking authority or order issued by the regulatory official.  A protection provided by Subsection (a) also applies to information and material shared under an agreement or sharing arrangement entered into under this subsection.(e)  To the extent of a conflict between Subsection (a) and Chapter 552, Government Code, or another state law relating to the disclosure of confidential information or information or material described by Subsection (a), Subsection (a) controls to the extent Chapter 552, Government Code, or the other law provides less confidentiality or a weaker privilege than is provided by Subsection (a).(f)  This section does not apply to information or material relating to the employment history of, and publicly adjudicated disciplinary and enforcement actions against, a residential mortgage loan originator that is included in the Nationwide Mortgage Licensing System and Registry for access by the public.|Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 1, eff. June 19, 2009.|
TX Fin Code § 180.101 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle E - Other Financial Businesses|Chapter 180 - Residential Mortgage Loan Originators|Subchapter C. Reporting and Other Requirements Regarding Nationwide Mortgage Licensing System and Registry|Section 180.101. Mortgage Call Reports

Sec. 180.101.  MORTGAGE CALL REPORTS.  Each licensed residential mortgage loan originator shall submit to the Nationwide Mortgage Licensing System and Registry a report of condition that is in the form and contains the information required by the Nationwide Mortgage Licensing System and Registry.|Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 1, eff. June 19, 2009.|
TX Fin Code § 180.102 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle E - Other Financial Businesses|Chapter 180 - Residential Mortgage Loan Originators|Subchapter C. Reporting and Other Requirements Regarding Nationwide Mortgage Licensing System and Registry|Section 180.102. Report of Violations and Enforcement Actions

Sec. 180.102.  REPORT OF VIOLATIONS AND ENFORCEMENT ACTIONS.  Subject to the confidentiality provisions of this chapter, a regulatory official shall report to the Nationwide Mortgage Licensing System and Registry on a regular basis regarding violations of, enforcement actions under, or information relevant to this chapter or the S.A.F.E. Mortgage Licensing Act under the regulatory official's licensure, regulation, or examination of a licensed residential mortgage loan originator or person registered under the S.A.F.E. Mortgage Licensing Act.|Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 1, eff. June 19, 2009.|
TX Fin Code § 180.103 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle E - Other Financial Businesses|Chapter 180 - Residential Mortgage Loan Originators|Subchapter C. Reporting and Other Requirements Regarding Nationwide Mortgage Licensing System and Registry|Section 180.103. Information Challenge Process

Sec. 180.103.  INFORMATION CHALLENGE PROCESS.  The applicable rulemaking authority by rule shall establish a process by which licensed residential mortgage loan originators may dispute information submitted by the regulatory official to the Nationwide Mortgage Licensing System and Registry.|Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 1, eff. June 19, 2009.|
TX Fin Code § 180.151 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle E - Other Financial Businesses|Chapter 180 - Residential Mortgage Loan Originators|Subchapter D. Business Practices; Prohibited Acts|Section 180.151. Display of Unique Identifier

Sec. 180.151.  DISPLAY OF UNIQUE IDENTIFIER.  The unique identifier of a person originating a residential mortgage loan must be clearly shown on each residential mortgage loan application form, solicitation, or advertisement, including business cards and websites, and any other document required by rule of the rulemaking authority.|Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 1, eff. June 19, 2009.|
TX Fin Code § 180.152 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle E - Other Financial Businesses|Chapter 180 - Residential Mortgage Loan Originators|Subchapter D. Business Practices; Prohibited Acts|Section 180.152. Representations

Sec. 180.152.  REPRESENTATIONS.  An individual who is engaged exclusively in loan processor or underwriter activities may not represent to the public, through the use of advertising, business cards, stationery, brochures, signs, rate lists, or other means, that the individual can or will perform any of the activities of a residential mortgage loan originator unless the individual is licensed as a residential mortgage loan originator.|Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 1, eff. June 19, 2009.|
TX Fin Code § 180.153 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle E - Other Financial Businesses|Chapter 180 - Residential Mortgage Loan Originators|Subchapter D. Business Practices; Prohibited Acts|Section 180.153. Prohibited Acts and Practices

Sec. 180.153.  PROHIBITED ACTS AND PRACTICES.  An individual or other person subject to regulation under this chapter may not:(1)  employ, directly or indirectly, a scheme, device, or artifice to defraud or mislead borrowers or lenders or to defraud a person;(2)  engage in an unfair or deceptive practice toward a person;(3)  obtain property by fraud or misrepresentation;(4)  solicit or enter into a contract with a borrower that provides in substance that the individual or other person subject to this chapter may earn a fee or commission through "best efforts" to obtain a loan even though no loan was actually obtained for the borrower;(5)  solicit, advertise, or enter into a contract for specific interest rates, points, or other financing terms unless the terms are actually available at the time of soliciting, advertising, or contracting;(6)  conduct any business regulated by this chapter without holding a license as required by this chapter;(7)  assist, aid, or abet an individual in the conduct of business without a license required by this chapter;(8)  fail to make disclosures as required by this chapter and any other applicable state or federal law, including rules or regulations under applicable state or federal law;(9)  fail to comply with this chapter or rules adopted under this chapter;(10)  fail to comply with any other state or federal law, including rules or regulations adopted under that law, applicable to a business or activity regulated by this chapter;(11)  make, in any manner, a false or deceptive statement or representation;(12)  negligently make a false statement or knowingly or wilfully make an omission of material fact in connection with:(A)  information or a report filed with a governmental agency or the Nationwide Mortgage Licensing System and Registry; or(B)  an investigation conducted by the regulatory official or another governmental agency;(13)  make a payment, threat, or promise, directly or indirectly, to a person for purposes of influencing the person's independent judgment in connection with a residential mortgage loan, or make a payment, threat, or promise, directly or indirectly, to an appraiser of property, for purposes of influencing the appraiser's independent judgment with respect to the property's value;(14)  collect, charge, attempt to collect or charge, or use or propose an agreement purporting to collect or charge a fee prohibited by this chapter;(15)  cause or require a borrower to obtain property insurance coverage in an amount that exceeds the replacement cost of the improvements as established by the property insurer; or(16)  fail to truthfully account for money belonging to a party to a residential mortgage loan transaction.|Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 1, eff. June 19, 2009.|
TX Fin Code § 180.171 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle E - Other Financial Businesses|Chapter 180 - Residential Mortgage Loan Originators|Subchapter D. -1. Requirement for Individuals Originating Residential Mortgage Loans Exclusively for Certain Depository Institution|Section 180.171. Enrollment With Department of Savings and Mortgage Lending

Sec. 180.171.  ENROLLMENT WITH DEPARTMENT OF SAVINGS AND MORTGAGE LENDING.  (a)  This section applies only to an individual who:(1)  in any 12-consecutive-month period originates five or fewer residential mortgage loans exclusively for a single federally chartered depository institution and the loans are closed within that period;(2)  is contractually prohibited from soliciting, processing, negotiating, or placing a residential mortgage loan with a person other than the depository institution described by Subdivision (1); and(3)  is sponsored by a life insurance company, or an affiliate of the company, authorized to engage in business in this state.(b)  Before conducting business in this state with respect to a residential mortgage loan, an individual to whom this section applies must enroll as a financial exclusive agent with the Department of Savings and Mortgage Lending until the time any registration with the Nationwide Mortgage Licensing System and Registry is required for the individual by federal law or regulation and a suitable category is created for that registration with that nationwide registry.(c)  An enrollment under this section must be renewed annually.(d)  An individual required under this section to enroll as a financial exclusive agent shall pay to the savings and mortgage lending commissioner an annual fee in an amount not to exceed $40 as prescribed by the commissioner.|Added by Acts 2011, 82nd Leg., R.S., Ch. 655 (S.B. 1124), Sec. 63, eff. November 1, 2011.|
TX Fin Code § 180.201 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle E - Other Financial Businesses|Chapter 180 - Residential Mortgage Loan Originators|Subchapter E. Enforcement Provisions|Section 180.201. Enforcement Authority

Sec. 180.201.  ENFORCEMENT AUTHORITY.  To ensure the effective supervision and enforcement of this chapter, a regulatory official may:(1)  deny, suspend, revoke, condition, or decline to renew a license for a violation of this chapter, a rule adopted under this chapter, or an order or directive issued under this chapter;(2)  deny, suspend, revoke, condition, or decline to renew a license if an applicant or license holder:(A)  fails to meet the requirements of Subchapter B; or(B)  withholds information or makes a material misstatement in an application for a license or renewal of a license;(3)  order restitution against a person subject to regulation under this chapter for a violation of this chapter;(4)  impose an administrative penalty on a person subject to regulation under this chapter, subject to Section 180.202; or(5)  issue orders or directives as provided by Section 180.203.|Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 1, eff. June 19, 2009.|
TX Fin Code § 180.202 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle E - Other Financial Businesses|Chapter 180 - Residential Mortgage Loan Originators|Subchapter E. Enforcement Provisions|Section 180.202. Administrative Penalty

Sec. 180.202.  ADMINISTRATIVE PENALTY.  (a)  A regulatory official may impose an administrative penalty on a residential mortgage loan originator or other person subject to regulation under this chapter, if the official, after notice and opportunity for hearing, determines that the residential mortgage loan originator or other person subject to regulation under this chapter has violated or failed to comply with:(1)  this chapter;(2)  a rule adopted under this chapter; or(3)  an order issued under this chapter.(b)  The penalty may not exceed $25,000 for each violation.(c)  The amount of the penalty shall be based on:(1)  the seriousness of the violation, including the nature, circumstances, extent, and gravity of the violation;(2)  the economic harm to property caused by the violation;(3)  the history of previous violations;(4)  the amount necessary to deter a future violation;(5)  efforts to correct the violation; and(6)  any other matter that justice may require.|Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 1, eff. June 19, 2009.|
TX Fin Code § 180.203 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle E - Other Financial Businesses|Chapter 180 - Residential Mortgage Loan Originators|Subchapter E. Enforcement Provisions|Section 180.203. Cease and Desist Orders

Sec. 180.203.  CEASE AND DESIST ORDERS.  A regulatory official may:(1)  order or direct a person subject to regulation under this chapter to cease and desist from conducting business, including issuing an immediate temporary order to cease and desist from conducting business;(2)  order or direct a person subject to regulation under this chapter to cease a violation of this chapter or a harmful activity in violation of this chapter, including issuing an immediate temporary order to cease and desist;(3)  enter immediate temporary orders against a person subject to regulation under this chapter to cease engaging in  business under a license if the regulatory official determines that the license was erroneously granted or the license holder is in violation of this chapter; and(4)  order or direct other affirmative action as the regulatory official considers necessary.|Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 1, eff. June 19, 2009.|
TX Fin Code § 180.251 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle E - Other Financial Businesses|Chapter 180 - Residential Mortgage Loan Originators|Subchapter F. Duties of Regulatory Officials|Section 180.251. General Duties of Regulatory Officials

Sec. 180.251.  GENERAL DUTIES OF REGULATORY OFFICIALS.  (a)  The savings and mortgage lending commissioner shall administer and enforce this chapter with respect to individuals licensed under Chapter 157.(b)  Repealed by Acts 2013, 83rd Leg., R.S., Ch. 160, Sec. 87(9), eff. September 1, 2013.(c)  The consumer credit commissioner shall administer and enforce this chapter with respect to individuals licensed under Chapter 342, 347, 348, or 351.(d)  To the extent permitted or required by this chapter and as reasonably necessary for the implementation and enforcement of the S.A.F.E. Mortgage Licensing Act, the banking commissioner of Texas may administer and enforce this chapter with respect to a person otherwise under the commissioner's jurisdiction under Subtitle A, F, or G of this title.|Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 1, eff. June 19, 2009.Amended by: Acts 2013, 83rd Leg., R.S., Ch. 160 (S.B. 1004), Sec. 86, eff. September 1, 2013.Acts 2013, 83rd Leg., R.S., Ch. 160 (S.B. 1004), Sec. 87(9), eff. September 1, 2013.|
TX Fin Code § 180.252 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle E - Other Financial Businesses|Chapter 180 - Residential Mortgage Loan Originators|Subchapter F. Duties of Regulatory Officials|Section 180.252. Authority of Regulatory Officials to Establish Relationship With Nationwide Mortgage Licensing System and Registry; Contracting Authority

Sec. 180.252.  AUTHORITY OF REGULATORY OFFICIALS TO ESTABLISH RELATIONSHIP WITH NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY; CONTRACTING AUTHORITY.  To fulfill the purposes of this chapter, a regulatory official may establish a relationship with or contract with the Nationwide Mortgage Licensing System and Registry or an entity designated by the Nationwide Mortgage Licensing System and Registry to collect and maintain records and process transaction fees or other fees related to licensed residential mortgage loan originators or other persons subject to regulation under this chapter.|Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 1, eff. June 19, 2009.|
TX Fin Code § 181.001 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle F - Trust Companies|Chapter 181 - General Provisions|Subchapter A. General Provisions|Section 181.001. Short Title

Sec. 181.001.  SHORT TITLE.  This subtitle may be cited as the Texas Trust Company Act.|Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.|
TX Fin Code § 181.003 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle F - Trust Companies|Chapter 181 - General Provisions|Subchapter A. General Provisions|Section 181.003. Trust Company Rules

Sec. 181.003.  TRUST COMPANY RULES.  (a)  The finance commission may adopt rules to accomplish the purposes of this subtitle, including rules necessary or reasonable to:(1)  implement and clarify this subtitle;(2)  preserve or protect the safety and soundness of state trust companies;(3)  grant the same rights and privileges to state trust companies with respect to the exercise of fiduciary powers and the conducting of financial activities or activities incidental or complementary to financial activities that are or may be granted to a trust institution that maintains its principal office or a branch or trust office in this state;(4)  provide for recovery of the cost of maintenance and operation of the department and the cost of enforcing this subtitle through the imposition and collection of ratable and equitable fees for notices, applications, and examinations;  and(5)  facilitate the fair hearing and adjudication of matters before the banking commissioner and the finance commission.(b)  The presence or absence in this subtitle of a specific reference to rules regarding a particular subject does not enlarge or diminish the rulemaking authority conferred by this section.|Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 528, Sec. 18, eff. Sept. 1, 2001;  Acts 2001, 77th Leg., ch. 1420, Sec. 6.003(a), eff. Sept. 1, 2001.|