Legal
Texas Recovery Fund Notice
Required disclosure for Texas consumers.
Residential Mortgage Loan Originator Recovery Fund
The Texas Department of Savings and Mortgage Lending (TDSML) has established the Residential Mortgage Loan Originator Recovery Fund to provide restitution to Texas consumers who have suffered actual damages as a result of an act of a licensed residential mortgage loan originator that constitutes a violation of applicable law.
How to File a Complaint
If you believe you have been harmed by a residential mortgage loan originator, you may file a complaint with:
Texas Department of Savings and Mortgage Lending
2601 N. Lamar Blvd.
Austin, Texas 78705
Phone: (877) 276-5550
Website: www.sml.texas.gov
Recovery Fund Eligibility
To be eligible for recovery from the fund, you must:
- Be a Texas resident at the time of the transaction
- Have suffered actual damages as a result of an act of a licensed residential mortgage loan originator
- File a complaint within the applicable time periods
- Meet all other requirements established by the TDSML
Limitations
The recovery fund has certain limitations on the amount of recovery and the circumstances under which recovery is available. For complete information about the recovery fund, including eligibility requirements and limitations, please contact the Texas Department of Savings and Mortgage Lending.
Licensing Information
You may verify the licensing status of a residential mortgage loan originator at NMLS Consumer Access.
Nan Kirkpatrick
NMLS# 212026
Abundance Home Mortgage
NMLS# 218131
Texas Consumer Complaint Notice
CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.
This notice is provided in compliance with Texas law. For additional disclosures and information, please visit our Disclosures page.