Jerry Dohalick v. Moody National Bank

OPINION

KEM THOMPSON FROST, Justice.

This case presents a question of first impression regarding the statutory construction of Chapter 156 of the Texas Finance Code, which permits an “aggrieved person” to recover certain damages from an unlicensed person who receives a fee for acting as a mortgage broker. The trial court found that the claimant in this case, a bank, was an “aggrieved person” under Texas Finance Code section 156.406(b) based on the trial court’s determination that the bank paid the appellant/defendant a fee for acting as a mortgage broker without that individual having an active…