Bill Text: TX HB1002 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Relating to disclosure of home mortgage information to a surviving spouse.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2015-03-25 - Left pending in committee [HB1002 Detail]
Download: Texas-2015-HB1002-Introduced.html
84R4456 GRM-D | ||
By: Davis of Dallas | H.B. No. 1002 |
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relating to disclosure of home mortgage information to a surviving | ||
spouse. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter B, Chapter 343, Finance Code, is | ||
amended by adding Section 343.103 to read as follows: | ||
Sec. 343.103. DISCLOSURE OF MORTGAGE INFORMATION TO | ||
SURVIVING SPOUSE. (a) In this section, "mortgage servicer" and | ||
"mortgagor" have the meanings assigned by Section 51.0001, Property | ||
Code. | ||
(b) Not later than the 30th day after a mortgage servicer of | ||
a home loan receives a request for the information from the | ||
surviving spouse of a mortgagor of the home loan, accompanied by the | ||
proof required under Subsection (c), the mortgage servicer shall | ||
provide the surviving spouse with information including: | ||
(1) documentation regarding the promissory note; | ||
(2) balance information; and | ||
(3) other information the mortgage servicer provided | ||
to the mortgagor. | ||
(c) A surviving spouse must prove the person's status by | ||
providing: | ||
(1) a death certificate of the mortgagor; and | ||
(2) an affidavit stating the surviving spouse was | ||
married to the mortgagor at the time of the mortgagor's death. | ||
SECTION 2. This Act takes effect September 1, 2015. |