Texas Finance Code 13.007 – General Powers and Duties of Commissioner
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Terms Used In Texas Finance Code 13.007
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
The savings and mortgage lending commissioner shall:
(1) supervise and regulate the organization, operation, and liquidation of state savings associations, as provided by Subtitle B, Title 3, and state savings banks, as provided by Subtitle C, Title 3; and
(2) enforce those subtitles personally or through a deputy savings and mortgage lending commissioner, examiner, supervisor, conservator, or other agent.