Texas Property Code - PROP § 51.0025. Administration of Foreclosure by Mortgage Servicer

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A mortgage servicer may administer the foreclosure of property under Section 51.002 on behalf of a mortgagee if:

(1) the mortgage servicer and the mortgagee have entered into an agreement granting the current mortgage servicer authority to service the mortgage;  and

(2) the notices required under Section 51.002(b) disclose that the mortgage servicer is representing the mortgagee under a servicing agreement with the mortgagee and the name of the mortgagee and:

(A) the address of the mortgagee;  or

(B) the address of the mortgage servicer, if there is an agreement granting a mortgage servicer the authority to service the mortgage.

Cite this article: FindLaw.com - Texas Property Code - PROP § 51.0025. Administration of Foreclosure by Mortgage Servicer - last updated April 14, 2021 | https://codes.findlaw.com/tx/property-code/prop-sect-51-0025.html


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