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Current as of January 01, 2024 | Updated by Findlaw Staff
(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.).
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 2306.143. Alternative to Subprime Lender List - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-2306-143/
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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