Mid America Mortgage Magnolia

Figure: 7 TAC §81.7(a)
 
TEXAS MORTGAGE BANKER DISCLOSURE

Residential Mortgage Loan Originator: _______________________
NMLS ID: _______________________________________________

PURSUANT TO THE REQUIREMENTS OF SECTION 157.007 OF THE MORTGAGE
BANKER REGISTRATION AND RESIDENTIAL MORTGAGE LOAN ORIGINATOR
ACT, CHAPTER 157, TEXAS FINANCE CODE, YOU ARE HEREBY NOTIFIED OF
THE FOLLOWING: 

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A
MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER
RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD
COMPLETE, SIGN AND SEND A COMPLAINT FORM TO THE TEXAS
DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601
NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT
FORMS AND INSTRUCTIONS MAY BE DOWNLOADED AND PRINTED
FROM THE DEPARTMENT’S WEBSITE AT
WWW.SML.TEXAS.GOV. A
TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.

THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF
CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS
CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL
MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR
REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND
INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM.
FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT
THE DEPARTMENT’S WEB SITE AT WWW.SML.TEXAS.GOV.

Applicant(s):
Signature: _______________________ 
Name:  _________________________
Date: _____________________________