BILL · 2003–04 SESSION

SB 5671: Mortgage lending

Regulating mortgage lending practices.

Summary

Lenders regulated by the Consumer Loan Act are prohibited from making a home loan if they did not have reasonable grounds for believing the loan would provide a net tangible benefit to the borrower. Making a home loan that does not provide a net tangible benefit is unconscionable and a violation of the Consumer Loan Act.

From the Senate Bill Report (SB 5671), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to mortgage lending;

No recorded floor votes. This measure never reached a floor vote.

Bill numbers restart every two years, so the same number is a different bill in each session.

SB 5671 (2025–26) Broadband grant & loan prg. · Did not pass · died in committee
SB 5671 (2023–24) K-12 experience factors · Did not pass · died in committee
SB 5671 (2021–22) Liquor and cannabis board · Did not pass · died in committee
SB 5671 (2019–20) Fire district bid limits · Did not pass · died in committee
SB 5671 (2017–18) Gambling/nonprofit orgs · Did not pass · passed Senate, stalled in House
SB 5671 (2015–16) Partial public employee dues · Did not pass · stalled on the Senate floor
SB 5671 (2013–14) Student transition services · Did not pass · died in committee
SB 5671 (2011–12) Hospital & emer personnel · Did not pass · passed Senate, stalled in House