Texas Finance Code 156.213 – Mortgage Call Report
(a) Each licensed residential mortgage loan company shall file a mortgage call report with the commissioner or the commissioner’s authorized designee on a form prescribed by the commissioner or authorized designee. The report:
(1) is a statement of condition of the residential mortgage loan company and the company’s operations, including financial statements and production activity volumes;
(2) must include any other information required by the commissioner; and
(3) must be filed as frequently as required by the commissioner.
(b) Information contained in the mortgage call report related to residential mortgage loan origination volume or other trade information, including information used to determine statistical entries in the report related to loan origination volume, is confidential and may not be disclosed by the commissioner, the commissioner’s authorized designee, or any other employee of the department.
Terms Used In Texas Finance Code 156.213
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC