Sec. 21.102. PROHIBITED CONDUCT. A foreclosure consultant may not:
(1) take any power of attorney from a homeowner for any purpose other than to inspect documents;
(2) for purposes of securing payment of compensation, acquire an interest, directly or indirectly, in the real or personal property of the homeowner of a residence in foreclosure with whom the foreclosure consultant has contracted to perform services; or
(3) take an assignment of wages to secure payment of compensation.
Added by Acts 2011, 82nd Leg., R.S., Ch. 902 (S.B. 767), Sec. 1, eff. September 1, 2011.
