WA People
BILL · 2003–04 SESSION

SB 5672: Residential mortgage loans

Requiring disclosure of certain information about residential mortgage loans.

Summary

  • Licensees are required to provide a written notice with each home loan application which provides at least three sources of consumer information useful to applicants in determining the suitability of loan terms. The notice is to be in 12 point type and include contact information for the Department of Financial Institutions.

From the Senate Bill Report (SB 5672), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedFeb 5, 2003
  2. Out of committeeMar 3, 2003
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Karen Keiser (D-33)
Introduced
February 5, 2003 in the Senate
Last action
January 12, 2004

AN ACT Relating to residential mortgage loans;

Sponsors

Prime sponsor: Karen Keiser (D-33)

4 co-sponsors (3 Democrats, 1 Republican)

Shirley Winsley R-28Margarita Prentice D-11Mark Doumit D-19Jeanne Kohl-Welles D-36

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. Senate Rules "X" file.
  5. Referred to Rules.
  6. Placed on second reading by Rules Committee.
  7. Made eligible to be placed on second reading.
  8. Passed to Rules Committee for second reading.
  9. FSIH - Majority; do pass.
  10. First reading, referred to Financial Services, Insurance & Housing.

SB 5672 in other sessions

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

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