Mortgage Broker License Act Notice

Mortgage Broker License Act

David K Faul is licensed under the laws of the state of Texas and by state law is subject to regulatory oversight by the Texas savings and mortgage lending department. Any consumer wishing to file a complaint against David K Faul should complete, sign, and send a complaint form to the Texas savings and mortgage lending department, 2601 North Lamar, Suite 201, Austin, TX 78705. Complaint forms and instructions may be downloaded and printed from the department's website located at www.sml.state.tx.us or obtained from the department upon request by mail at the address above, by telephone at its toll-free consumer hotline at 1-877-276-5550, by fax at (512) 475-1360 or email at sml@sml.state.tx.us .

The department maintains the mortgage broker recovery fund to make payments of certain types of judgments against a mortgage broker or loan officer. Not all claims are compensable and a court must order the payment of a claim from the recovery fund before the department may pay a claim. For more information about the recovery fund, the please consult subchapter of the mortgage broker license act on the department's website referenced above.

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