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HI HB838

Bill

Official Source

Status

Engrossed

3/5/2013

Primary Sponsor

Joseph Souki

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • Updates mortgage loan origination regulatory provisions by clarifying licensure requirements for mortgage loan originators and mortgage servicer companies.

  • Adjusts license application and renewal fees for mortgage loan originators to unspecified amounts.

  • Establishes a new fee schedule for licensing of sole proprietor mortgage loan originators.

  • Adds a new processing fee for each control person of a mortgage loan originator company.

  • Establishes fees of unspecified amounts for mortgage servicer companies that conduct mortgage loan origination activities.

Legislative Description

Mortgage Servicers; Registration; Fees; NMLS

Last Action

Referred to CPN, WAM.

3/7/2013

Committee Referrals

Commerce and Consumer Protection3/7/2013
Finance2/15/2013
Consumer Protection & Commerce1/24/2013

Full Bill Text

No bill text available