Sec. 158.052. EXEMPTIONS; APPLICABILITY. (a) This chapter does not require registration by: (1) a federal or state depository institution, or a subsidiary or affiliate of a federal or state depository institution; (2) a person registered under Chapter 157 ; (3) a person licensed under Chapter 342 or regulated under Chapter 343 , if the person does not act as a residential mortgage loan servicer servicing first-lien secured loans; or (4) a person making a residential mortgage loan with the person's own funds, or to secure all or a portion of the purchase price of real property sold by that person. (b) This chapter applies only to a residential mortgage loan servicer that services at least one residential mortgage loan. (c) Nothing in this chapter permits a person who is not otherwise exempt from this chapter to act as a residential mortgage loan originator, as defined by Section 180.002 , without obtaining a license under the applicable provisions of law.
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