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7 TAC § 59.1. Purpose and Applicability

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Texas Administrative Code › Title 7 BANKING AND SECURITIES › Part 4 DEPARTMENT OF SAVINGS AND MORTGAGE LENDING › Chapter 59 WRAP MORTGAGE LOANS › 7 TAC § 59.1

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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This chapter governs the Commissioner's administration and enforcement of Finance Code Chapter 159, governing wrap mortgage loans concerning residential real estate located in Texas. This chapter applies to wrap mortgage lenders, borrowers, and any person who collects or receives a payment from a wrap borrower under the terms of a wrap mortgage loan, including servicers of a wrap mortgage loan.

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