§ 180.171 Enrollment With Department of Savings and Mortgage Lending

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Terms Used In Texas Finance Code Chapter 180 > Subchapter D-1 - Requirement for Individuals Originating Residential Mortgage Loans Exclusively for Certain Depository Institution

  • 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
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005