Tex. Finance Code § 342.307
This is the official text of Tex. Finance Code § 342.307, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 342.307. AMOUNTS AUTHORIZED TO BE INCLUDED IN CONTRACT.
Official statutory text
A secondary mortgage loan contract may provide for:
(1) reasonable fees or charges paid to the trustee in connection with a deed of trust or similar instrument executed in connection with the secondary mortgage loan, including fees for enforcing the lien against or posting for sale, selling, or releasing the property secured by the deed of trust;
(2) reasonable fees paid to an attorney who is not an employee of the creditor in the collection of a delinquent secondary mortgage loan; or
(3) court costs and fees incurred in the collection of the loan or foreclosure of a lien created by the loan.
(1) reasonable fees or charges paid to the trustee in connection with a deed of trust or similar instrument executed in connection with the secondary mortgage loan, including fees for enforcing the lien against or posting for sale, selling, or releasing the property secured by the deed of trust;
(2) reasonable fees paid to an attorney who is not an employee of the creditor in the collection of a delinquent secondary mortgage loan; or
(3) court costs and fees incurred in the collection of the loan or foreclosure of a lien created by the loan.
Status: in_force · Read it on the official government site
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