Bill Text: TX HB1002 | 2015-2016 | 84th Legislature | Introduced

Texas House Bill 1002 (Prior Session Legislation)

Introduced

Bill Title: Relating to disclosure of home mortgage information to a surviving spouse.

Sponsorship: Partisan Bill (Democrat 1)

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



	A BILL TO BE ENTITLED
	AN ACT
	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.