Sec. 2306.143. ALTERNATIVE TO SUBPRIME LENDER LIST. (a) If the United States Department of Housing and Urban Development ceases to prepare or make public a subprime lender list, the market study required by Section 2306.142 must annually survey the 100 largest refinancing lenders and the 100 largest home purchase loan lenders in the state to identify lenders primarily engaged in subprime lending.
(b) The lenders included in the survey must be identified on the basis of home mortgage loan data reported by lenders under the Home Mortgage Disclosure Act of 1975 (12 U.S.C. Section 2801 et seq.) and the Community Reinvestment Act of 1977 (12 U.S.C. Section 2901 et seq.).
Added by Acts 2001, 77th Leg., ch. 1367, Sec. 2.03, eff. Sept. 1, 2001.
Structure Texas Statutes
Subtitle G - Economic Development Programs Involving Both State and Local Governments
Chapter 2306 - Texas Department of Housing and Community Affairs
Subchapter G. Housing Finance Division: General Powers and Duties of Board
Section 2306.142. Authorization of Bonds
Section 2306.143. Alternative to Subprime Lender List
Section 2306.144. Fees for Services and Facilities; Payment of Department Obligations and Expenses
Section 2306.145. Loan Procedures
Section 2306.146. Interest Rates and Amortization Schedules
Section 2306.147. Fees and Penalties
Section 2306.148. Underwriting Standards
Section 2306.149. Approved Mortgage Lenders
Section 2306.150. Property Standards