MICHIGAN LEGISLATURE(legislature.mi.gov)
Printed on 12/9/2024
Michigan Compiled Laws Complete Through PA 160 of 2024

Search Results

Document Type(s): Bills
Legislative Session(s): 2005-2006
Detailed Category: Financial institutions: mortgage brokers
(9 results found)
Document Type Description
SB 0315 of 2005 Senate Bill Financial institutions; mortgage brokers; licensing of mortgage brokers, lenders, and servicing agents; clarify when license for agents is required. Amends sec. 2 of 1987 PA 173 (MCL 445.1652).
Last Action: REFERRED TO COMMITTEE ON BANKING AND FINANCIAL INSTITUTIONS
SB 0540 of 2005
(PA 0113 of 2005)
Senate Bill Financial institutions; mortgage brokers; leased employees performing services as agent of mortgage broker, lender, or servicer; exempt from licensing requirement. Amends sec. 2 of 1987 PA 173 (MCL 445.1652).
Last Action: ASSIGNED PA 0113'05 WITH IMMEDIATE EFFECT
SB 0639 of 2005 Senate Bill Financial institutions; mortgage brokers; requirements for conducting mortgage loan business using exclusive brokers; modify. Amends secs. 1a, 2 & 4 of 1987 PA 173 (MCL 445.1651a et seq.).
Last Action: REFERRED TO COMMITTEE ON BANKING AND FINANCIAL INSTITUTIONS
HB 4349 of 2005 House Bill Consumer credit; other; home loan protection act; require compliance by mortgage brokers. Amends 1987 PA 173 (MCL 445.1651 - 445.1684) by adding sec. 24a. TIE BAR WITH: HB 4343'05
Last Action: printed bill filed 02/18/2005
HB 4350 of 2005 House Bill Consumer credit; other; home loan protection act; require compliance by mortgage brokers in secondary market. Amends 1981 PA 125 (MCL 493.51 - 493.81) by adding sec. 24a. TIE BAR WITH: HB 4343'05
Last Action: printed bill filed 02/18/2005
HB 5497 of 2005
(PA 109 of 2006)
House Bill Insurance; continuing education credit requirement for limited line credit insurance; eliminate. Amends sec. 1204c of 1956 PA 218 (MCL 500.1204c).
Last Action: assigned PA 109'06 with immediate effect
SB 1163 of 2006 Senate Bill Financial institutions; mortgage brokers; 12 months of interest only payments to individuals who are outsourced workers or have lost jobs due to the bankruptcy of their employer; provide for. Amends 1987 PA 173 (MCL 445.1651 - 445.1684) by adding sec. 22b.
Last Action: REFERRED TO COMMITTEE ON BANKING AND FINANCIAL INSTITUTIONS
HB 6435 of 2006 House Bill Financial institutions; mortgage brokers; coercing or inducing appraisers to inflate value of mortgaged property; prohibit. Amends sec. 29 of 1987 PA 173 (MCL 445.1679).
Last Action: REFERRED TO COMMITTEE ON BANKING AND FINANCIAL INSTITUTIONS
HB 6546 of 2006 House Bill Financial institutions; mortgage brokers; coercing or inducing appraisers to inflate value of real property offered as collateral for secondary mortgage loan; prohibit. Amends sec. 27 of 1981 PA 125 (MCL 493.77).
Last Action: printed bill filed 09/21/2006