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Legislation


2011 Regular Session

HOUSE BILL 944

File Code: Financial Institutions
Sponsored By:
Chair, Economic Matters Committee (By Request - Departmental - Labor, Licensing and Regulation)
Entitled:
Financial Institutions - Mortgage Lenders and Mortgage Loan Originators

Synopsis:

Requiring a person who is exempt from State mortgage lender licensing requirements and employs a licensed mortgage loan originator to register with the Nationwide Mortgage Licensing System and Registry; requiring a mortgage lender license applicant and licensee to provide fingerprints for submission to specified governmental agencies or entities for a state, national, or international criminal history background check; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/11
First Reading Economic Matters
2/14
Hearing 3/3 at 1:00 p.m.
3/15

Favorable with Amendments Report by Economic Matters
3/16
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/18
Third Reading Passed (139-0)
3/31
Returned Passed
Senate Action
3/21
First Reading Finance
3/22
Hearing 3/30 at 1:00 p.m.
4/1
Favorable Report by Finance
3/30
Favorable Report Adopted
Second Reading Passed
3/31
Third Reading Passed (46-0)
Action after passage in House and Senate
4/12
Approved by the Governor
- Chapter 148

Sponsored by:

Economic Matters Committee, Chair
Departmental
Labor, Licensing and Regulation, Department of

Bill indexed under the following Subjects:

Agents and Brokers
Criminal Background Investigations
Disclosure
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates.
Financial Institutions -see also- Banks; Credit Unions; etc.
Fingerprinting
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Licenses -see also- Alcoholic Bev Lic; Drivers' Licenses
Loans -see also- Mortgages
Mortgages
Records -see also- Land Records; Vital Records
Registration -see also- Motor Vehicle Registration

Bill affects the following Statutes:

Financial Institutions
( 11-505 , 11-506 , 11-506 , 11-506 , 11-506.1 , 11-603 , 11-603 , 11-603 , 11-603 , 11-604 , 11-605.1 , 11-607 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note: Available
Amendments:
House
Number: 633194/01     Offered on: March 16, 2011   at: 10:29 a.m.     Status: Adopted
Committee Votes :
House
Economic Matters
Senate
Finance
Roll Call Votes (Legislative dates are shown):
House
March 18, 2011: Third Reading Passed (139-0)
Senate
March 31, 2011: Third Reading Passed (46-0)
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