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TITLE 7BANKING AND SECURITIES
PART 5OFFICE OF CONSUMER CREDIT COMMISSIONER
CHAPTER 89PROPERTY TAX LENDERS
SUBCHAPTER CAPPLICATION PROCEDURES
RULE §89.312Property Tax Employee License Under Nationwide Mortgage Licensing System and Registry

As required by Texas Finance Code, §351.0515, a licensee's individual employees who, for actual or expected compensation or gain, act as residential mortgage loan originators in the making, transacting, or negotiating of a property tax loan for a principal dwelling, are required to obtain a license through the Nationwide Mortgage Licensing System and Registry.


Source Note: The provisions of this §89.311 adopted to be effective July 5, 2012, 37 TexReg 4874

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