BILL · 2009–10 SESSION

HB 1588: Residential mortgage loans

Clarifying the ability to charge residential mortgage loan fees.

Summary

  • Clarifies that a financial institution is not prohibited from certain charging fees that are permitted by the Federal Housing Administration (FHA) or the federal Veterans Administration (VA) in connection with a FHA loan or a VA loan.

From the House Bill Analysis 2009 (HB 1588), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 23, 2009
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Steve Kirby (D-29)
Introduced
January 23, 2009 in the House
Last action
March 15, 2010

AN ACT Relating to residential mortgage loan fees;

Sponsors

Prime sponsor: Steve Kirby (D-29)

5 co-sponsors (3 Democrats, 2 Republicans)

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. First reading, referred to Financial Institutions & Insurance.

HB 1588 in other sessions

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

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