Bill Status
Generated on 8/13/2007 4:06:35 PM
Measure Title:
RELATING TO MORTGAGE BROKERS.
Report Title:
Mortgage brokers
Description:
Clarifies who is exempt from Mortgage Brokers and Solicitors provisions and what constitutes prohibited activity. Establishes license application requirements and includes a written examination of the applicant or its designated responsible individual, along with a $50,000 bond requirement for a licensee. Established biennial license renewal which includes completion of a continuing education requirement. Requires record keeping requirements are established and provide for a 6 year retention period.
Introducers:
HANABUSA (BR)
Current Referral:
CPH/JDL
| Date | | Status Text |
|---|
| 1/22/2007 | S | Introduced. |
| 1/24/2007 | S | Passed First Reading. |
| 1/29/2007 | S | Referred to CPH. |
| 1/30/2007 | S | Re-Referred to CPH/JDL. |