Introduced
by
To permit an individual who has applied for a license to act as a “mortgage loan originator” but doesn’t have it yet to do the job anyway under certain circumstances specified in the bill.
Referred to the Committee on Financial Services
Reported without amendment
Refer to the Committee on Ways and Means with the recommendation that the substitute (H-1) be adopted.
Referred to the Committee on Ways and Means
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Amendment offered
by
To revise a detail of the "reciprocity" provisions that facilitate licensees in other states practicing or getting a license in Michigan.
The amendment passed by voice vote
Amendment offered
by
To establish that if enacted the bill will go into effect on Nov. 24, 2019.
The amendment passed by voice vote
Passed in the House 109 to 0 (details)
To permit an individual who has applied for a license to act as a “mortgage loan originator” but doesn’t have it yet to do the job anyway under certain circumstances specified in the bill. This is also intended to bring Michigan law into alignment with federal law in this area.
Referred to the Committee on Insurance and Banking
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 36 to 0 (details)
To permit an individual who has applied for a license to act as a “mortgage loan originator” but doesn’t have it yet to do the job anyway under certain circumstances specified in the bill. This is also intended to bring Michigan law into alignment with federal law in this area.
