Recovery Fund Claims
Consumer Claims to Recover Out-of-Pocket Damages Incurred Because of Acts Committed by a Licensed Residential Mortgage Loan Originator or Fraud Committed by an Unlicensed Originator
Recovery Fund Claims for Acts Committed by a Licensed Residential Mortgage Loan Originator
The Department’s Commissioner administers a recovery fund (Recovery Fund), allowing for claims to be made against the fund to recover out-of-pocket monetary damages (money losses) incurred because of acts committed by a residential mortgage loan originator (originator) licensed by the Department that constitute a violation of applicable law governing licensed originators.
Consumers may use the checklist to determine whether or not they may have a valid claim against the Recovery Fund.
To file a claim, please read and follow the instructions contained in the form below carefully. If you have any questions, please contact us.
Recovery Fund Claims for Fraud Committed by an Unlicensed Originator
The Department’s Commissioner administers a mortgage grant fund (Mortgage Grant Fund) that, among other things, allows for claims to be made against the fund to recover out-of-pocket monetary damages (money losses) incurred because of fraud committed by an individual who acted in the capacity of a residential mortgage loan originator (originator) and was required to be licensed by the Department as an originator, but did not hold such license.
Consumers may use the checklist to determine whether or not they may have a valid claim against the Mortgage Grant Fund.
To review eligibility requirements and file a claim, please read and follow the instructions contained in the form below carefully. If you have any questions, please contact us.
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Department of Savings and Mortgage Lending
Hector Retta, Commissioner
2601 N. Lamar, Suite 201,
Austin, TX 78705
1-877-276-5550
smlinfo@sml.texas.gov
Savings and Mortgage Lending
State of Texas
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