Tex. Prop. Code § 51.0025 : PROPERTY CODE — EXEMPT PROPERTY AND LIENS — LIENS — PROVISIONS GENERALLY APPLICABLE TO LIENS — Administration of Foreclosure By Mortgage Servicer

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.

Tex. Prop. Code § 51.0025

Amended By Acts 2005, 79th Leg., Ch. 555, Sec. 2, eff. 9/1/2005.
Added by Acts 2003, 78th Leg., ch. 554, Sec. 1, eff. 1/1/2004.
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