Texas § GV.2306.295 - RULES GOVERNING PURCHASE AND SALE OF MORTGAGE LOANS

Full text of Texas The Texas Constitution § GV.2306.295 — RULES GOVERNING PURCHASE AND SALE OF MORTGAGE LOANS, with citation guidance and answers to common questions.

§ GV.2306.295. RULES GOVERNING PURCHASE AND SALE OF MORTGAGE LOANS

RULES GOVERNING PURCHASE AND SALE OF MORTGAGE LOANS. The department shall adopt rules governing the purchase and sale of mortgage loans and the application of sale proceeds, including rules governing: (1) procedures for submitting requests or inviting proposals for the purchase and sale of mortgage loans or interest in the mortgage loans; (2) restrictions on the number of family units, location, or other qualifications of residences to be financed by residential mortgage loans; (3) income limits of individuals and families of low and very low income or families of moderate income occupying a residence financed by a residential mortgage loan; (4) restrictions relating to the interest rates on mortgage loans or the return realized by mortgage lenders; (5) requirements for commitments by mortgage lenders relating to mortgage loans; (6) schedules of fees and charges necessary for expenses and reserves of the housing finance division; (7) resale of the housing development; and (8) any other matter related to the power of the department to purchase and sell mortgage loans or interests in mortgage loans. Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.

Source: official Texas text · Last verified 2026-08-27

Frequently Asked Questions About Texas § GV.2306.295

What does The Texas Constitution § GV.2306.295 cover?

Section GV.2306.295 ("RULES GOVERNING PURCHASE AND SALE OF MORTGAGE LOANS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § GV.2306.295?

A common citation format is "The Texas Constitution § GV.2306.295" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § GV.2306.295 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.