SECTION 51.1. Definitions  


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  • The following terms, when used in this subchapter, have the following meanings, unless the context clearly indicates otherwise.

    (1) "Commissioner" means the Savings and Mortgage Lending Commissioner appointed under Finance Code Chapter 13.

    (2) "Complainant" means a person who files a complaint with the Department.

    (3) "Complaint" means a signed, written communication received by the Department's division for consumer assistance that expresses dissatisfaction with a transaction or alleges wrongful conduct. The Department will collect the following items and information regarding a complaint, if available:

    (A) the complainant's name and contact information;

    (B) the name of the entity or individual against whom the complaint is submitted;

    (C) the date and place of the alleged misconduct, violation, or transaction;

    (D) a description of the facts or conduct alleged to violate applicable statutes or rules; and

    (E) any written documentation supporting the complaint.

    (4) "Department" means the Department of Savings and Mortgage Lending.

    (5) "Inquiry" means a written communication received by the Department's division for consumer assistance that is not a complaint.

Source Note: The provisions of this §51.1 adopted to be effective July 14, 2022, 47 TexReg 3962