File Code: Commercial Law - Credit Regulation
Prior Year Introduction As: SB 827/02 - FIN
- Sponsored By:
-
Delegates Carter, Anderson, Burns, C. Davis, Fulton, Haynes,
Kelley, Kelly, King, Mandel, Oaks, Patterson, and Taylor
- Entitled:
-
Credit Regulation - Mortgage Brokers - Disclosure of
Fees
Prohibiting a mortgage broker from accepting a fee from a loan
originator that is based on the interest rate of a loan or the number
of points associated with a loan unless the broker has disclosed
specified information to the borrower in a specified manner; etc.
House Action
- 2/9
- First Reading Economic Matters
- 2/25
- Hearing 3/9 at 1:00 p.m.
- 4/7
- Favorable with Amendments Report by Economic Matters
- 4/3
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/4
- Third Reading Passed (136-1)
Senate Action
- 4/7
- First Reading Senate Rules
- 4/11
- Re-referred Finance
- Sponsored by:
- Delegate Jill P. Carter, District 41
- Delegate Curt Anderson, District 43
- Delegate Emmett C. Burns, Jr., District 10
- Delegate Clarence Davis, District 45
- Delegate Tony E. Fulton, District 40
- Delegate Keith E. Haynes, District 44
- Delegate Darryl A. Kelley, District 26
- Delegate Kevin Kelly, District 1B
- Delegate Nancy J. King, District 39
- Delegate Adrienne A. Mandel, District 19
- Delegate Nathaniel T. Oaks, District 41
- Delegate Obie Patterson, District 26
- Delegate Herman L. Taylor, Jr., District 14
- Bill indexed under the following Subjects:
- AGENTS AND BROKERS
- CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
- DISCLOSURE
- FEES -see also- DEVELOPMENT FEES AND TAXES
- LOANS -see also- MORTGAGES
- MORTGAGES
- Bill affects the following Statute:
- Commercial Law
- (
12-804
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 793293/04 (PDF) Offered on: April 7, 2004 at:
10:16 a.m. Status: Adopted
- Roll Call Vote (Legislative date is shown):
- House
- April 4, 2004: Third Reading Passed (136-1)