SB0033

Find a 2017 Bill:

2017 Regular Session

 

Entitled:

Financial Institutions - Mortgage Lenders - Examinations and Records

Sponsored by:

Chair, Finance Committee

Status:

In the House - First Reading Economic Matters


Synopsis:Altering the time period during which the Commissioner of Financial Regulation must examine the business of specified mortgage lender licensees from at least once during any 36-month period to at least once during any 60-month period; and altering the minimum time period for which licensed mortgage lenders must retain specified records from 25 to 61 months.
Analysis:Fiscal and Policy Note
All Sponsors:Chair, Finance Committee (By Request - Departmental - Labor, Licensing and Regulation)
Additional Facts:Cross-filed with: HB0142
Bill File Type: Pre-Filed
Effective Date(s): July 1, 2017
By Request of the Governor
Committee(s):
Finance  View Committee HearingEconomic Matters
Broad Subject(s):Financial Institutions
Narrow Subject(s):Examinations
Licenses -see also- Alcoholic Bev Lic; Drivers' Licenses
Loans -see also- Mortgages
Mortgages
Records -see also- Land Records; Vital Records
Rules and Regulations
Time
Statutes:Article - Financial Institutions
(11-513, 11-515)

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November 28, 2017 1:08 P.M.