Tex. Ins. Code Section 3502.106
Claim Against Residential Borrower

A mortgage guaranty insurance policy may not contain a provision that allows subrogation rights or any other claim by the insurer against the borrower for a deficiency arising from a foreclosure sale of a single-family dwelling that is occupied by the borrower as the borrower’s principal residence.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 3, eff. April 1, 2007.

Source: Section 3502.106 — Claim Against Residential Borrower, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­3502.­htm#3502.­106 (accessed Jun. 5, 2024).

Jun. 5, 2024

§ 3502.106’s source at texas​.gov