BILL · 2009–10 SESSION

SB 5858: Yield spread premiums

Prohibiting the payment of yield spread premiums to mortgage brokers.

Summary

Prohibits a mortgage broker from receiving a yield spread premium payment prior to or after the closing of a residential mortgage loan.

From the Bill Digest (SB 5858), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to prohibiting the payment of yield spread premiums to mortgage brokers;

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

Mar 15, 2010By resolution, reintroduced and retained in present status.
Jan 11, 2010By resolution, reintroduced and retained in present status.
Feb 4, 2009First reading, referred to Financial Institutions, Housing & Insurance.

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

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SB 5858 (2021–22) Education/parent rights · Did not pass · died in committee
SB 5858 (2019–20) Military dept. state service · Did not pass · died in committee
SB 5858 (2017–18) Prof. certification/teachers · Did not pass · died in committee
SB 5858 (2015–16) Cannabis & econ devel comm. · Did not pass · died in committee
SB 5858 (2013–14) Ferry vessel construction · Did not pass · died in committee
SB 5858 (2011–12) Fish & wildlife-owned land · Did not pass · died in committee