Tex. Finance Code § 156.003
This is the official text of Tex. Finance Code § 156.003, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 156.003. SECONDARY MARKET TRANSACTIONS.
Official statutory text
This chapter does not prohibit a residential mortgage loan originator sponsored by and conducting business for a licensed or registered residential mortgage loan company under this chapter from receiving compensation from a party other than the mortgage applicant for the sale, transfer, assignment, or release of rights on the closing of a mortgage transaction.
Status: in_force · Read it on the official government site
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