BILL · 2009–10 SESSION

HB 2608: Residential mortgage loaning

Concerning regulation and licensing of residential mortgage loan servicers and services.

Summary

  • Requires licensure of persons performing residential loan modifications.

From the House Bill Report (HB 2608), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 35, Laws of 2010
  1. IntroducedJan 11, 2010
  2. Out of committeeFeb 9, 2010
  3. Passed HouseFeb 12, 2010
  4. Passed SenateMar 2, 2010
  5. GovernorMar 12, 2010
  6. LawMar 12, 2010
Prime sponsor
Sharon Nelson (D-34)
Introduced
January 11, 2010 in the House
Last action
March 12, 2010
Session law
Chapter 35, Laws of 2010
Requested by
Other
Companion bill
SB 6406
Budget
Has a fiscal note

AN ACT Relating to licensing residential mortgage loan servicers through the national mortgage licensing service and clarifying the existing authority of the department of financial institutions to regulate residential mortgage loan modification services under the consumer loan act and mortgage broker practices act;

Sponsors

Votes

House · Final Passage

Passed February 12, 2010
Version voted on: HB 2608
77 Yea 20 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat60001
Republican172000
How each member voted

Yea (77)

Excused (1)

Senate · 3rd Reading & Final Passage

Passed March 2, 2010
Version voted on: HB 2608
40 Yea 6 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat30001
Republican10602
How each member voted

History

  1. Effective date 7/1/2010.
  2. Chapter 35, 2010 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. President signed.
  6. Speaker signed.
  7. Third reading, passed; yeas, 40; nays, 6; absent, 0; excused, 3.
  8. Rules suspended. Placed on Third Reading.
  9. Placed on second reading by Rules Committee.
  10. Passed to Rules Committee for second reading.
  11. Minority; without recommendation.
  12. FIHI - Majority; do pass.
  13. First reading, referred to Financial Institutions, Housing & Insurance.
  14. Third reading, passed; yeas, 77; nays, 20; absent, 0; excused, 1.
  15. Rules suspended. Placed on Third Reading.
  16. Placed on second reading by Rules Committee.
  17. Passed to Rules Committee for second reading.
  18. Minority; do not pass.
  19. APPG - Majority; do pass.
  20. APPG - Executive action taken by committee.
  21. Referred to General Government Appropriations.
  22. Minority; do not pass.
  23. FII - Majority; do pass.
  24. FII - Executive action taken by committee.
  25. First reading, referred to Financial Institutions & Insurance.
  26. Prefiled for introduction.

HB 2608 in other sessions

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

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