Texas § 2306.291 PURCHASE AND SALE OF MORTGAGE LOANS.

Texas Statutes

§ 2306.291 — PURCHASE AND SALE OF MORTGAGE LOANS.

Texas § 2306.291

Code GVGovernment Code

This text of Texas § 2306.291 (PURCHASE AND SALE OF MORTGAGE LOANS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Government Code Code Ann. § 2306.291 (2026).

Text

Sec. 2306.291. PURCHASE AND SALE OF MORTGAGE LOANS.

(a)The department may purchase and take assignments from mortgage lenders or the federal government of notes and other obligations, including contracts for deed and mortgages, evidencing loans or interest in loans for the construction, remodeling, improvement, rehabilitation, purchase, leasing, or refinancing of housing developments for individuals and families of low and very low income and families of moderate income.

(b)The department may sell, at public or private sale, with or without public bidding, a mortgage or other obligation held by the department.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 2306.291. PURCHASE AND SALE OF MORTGAGE LOANS. (a) The department may purchase and take assignments from mortgage lenders or the federal government of notes and other obligations, including contracts for deed and mortgages, evidencing loans or interest in loans for the construction, remodeling, improvement, rehabilitation, purchase, leasing, or refinancing of housing developments for individuals and families of low and very low income and families of moderate income.
(b) The department may sell, at public or private sale, with or without public bidding, a mortgage or other obligation held by the department.