If the commissioner receives a signed written complaint alleging improper acts or omissions by a residential mortgage loan originator employed by a CUSO, the commissioner shall investigate as set out in Finance Code §15.409 and 7 TAC §80.15. If the investigation finds grounds for suspending or terminating the residential mortgage loan originator's license, the commissioner shall promptly refer the matter to the Department of Savings and Mortgage Lending for further action.

Source Note:The provisions of this §91.2002 adopted to be effective November 13, 2011, 36 TexReg 7545.