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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A lender and a borrower may enter into an agreement under which a term of a secondary mortgage loan contract is amended, restated, or rescheduled.
(b) An agreement under this section must be written and signed by the lender and borrower.
(c) An agreement under this section must contain:
(1) the date of the agreement;
(2) the name and address of the lender; and
(3) the name and address of each borrower.
(d) The lender shall deliver a copy of an agreement under this section to the borrower.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 342.456. Agreement to Modify Term of Secondary Mortgage Loan Contract - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-342-456/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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