CS/CS/HB 631 (2014) -  Loan Originators, Mortgage Brokers, & Mortgage Lenders

General Bill by Regulatory Affairs Committee and Insurance & Banking Subcommittee and Workman
Loan Originators, Mortgage Brokers, & Mortgage Lenders: Authorizes OFR to conduct joint or concurrent examination of licensees; provides that violating specified rules is grounds for disciplinary action; provides for change in license status if specified licensees fail to meet certain requirements for annual license renewal by specified dates; provides guidelines for license renewal; deletes certain requirements regarding specified fees; deletes certain notice requirements; authorizes FSC to prescribe time period by which mortgage brokers & lenders must file report of condition; deletes certain disclosure & notice requirements; revises period during which mortgage lender may service loans in its own name; repeals provisions relating to arbitration, required disclosures by mortgage brokers receiving certain fees; repeals Florida Fair Lending Act & provisions relating to conditions for mortgage loans of specified amounts secured by vacant land.
Effective Date: July 1, 2014
Last Event: 05/02/14 S Died in Banking and Insurance, companion bill(s) passed, see CS/CS/SB 1012 (Ch. 2014-91) on Friday, May 2, 2014 10:39 PM

Referred Committees and Committee Actions

House Referrals

Senate Referrals

  • Banking and Insurance
  • Appropriations Subcommittee on General Government
  • Appropriations

Related Bills

Bill # Subject Relationship
Bill #: SB 666 Subject: Loan Originators, Mortgage Brokers, and Mortgage Lenders Relationship: Similar
Bill #: CS/CS/SB 1012 Subject: Financial Services Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Regulatory Affairs Committee 3/13/2014 5:18:56 PM
Chamber: House Committee: Regulatory Affairs Committee 3/10/2014 4:25:13 PM
Chamber: House Committee: Government Operations Appropriations Subcommittee 3/4/2014 7:20:53 PM
Chamber: House Committee: Government Operations Appropriations Subcommittee 2/28/2014 4:31:11 PM
Chamber: House Committee: Insurance & Banking Subcommittee 2/14/2014 10:26:29 AM
Chamber: House Committee: Insurance & Banking Subcommittee 2/7/2014 6:10:40 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 04/23/2014 10:45 AM   Yeas: 114 Nays: 0 Action: Action 2: Passage Vote Detail: Vote [Seq# 641] Barcode:

Bill History

Event Time Member Committee Ver.
Event: S Died in Banking and Insurance, companion bill(s) passed, see CS/CS/SB 1012 (Ch. 2014-91) Time: 05/02/2014 - 10:39 PM Member: Committee: Banking and Insurance Version: c2
Event: S Received -SJ 591 Time: 04/23/2014 - 9:18 PM Member: Committee: Version: c2
Event: S Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations -SJ 591 Time: 04/23/2014 - 12:08 PM Member: Committee: Banking and Insurance Version: c2
Event: S In Messages Time: 04/23/2014 - 11:36 AM Member: Committee: Version: c2
Event: H CS passed; YEAS 114, NAYS 0 Time: 04/23/2014 - 10:45 AM Member: Committee: Version: c2
Event: H Read 3rd time Time: 04/23/2014 - 10:44 AM Member: Committee: Version: c2
Event: H Added to Third Reading Calendar Time: 04/22/2014 - 4:38 PM Member: Committee: Version: c2
Event: H Placed on 3rd reading Time: 04/22/2014 - 2:17 PM Member: Committee: Version: c2
Event: H Read 2nd time Time: 04/22/2014 - 2:16 PM Member: Committee: Version: c2
Event: H Amendment 062327 withdrawn Time: 04/21/2014 - 7:11 PM Member: Committee: Version: c2
Event: H Amendment 062327 filed Time: 04/21/2014 - 2:03 PM Member: Committee: Version: c2
Event: H Bill added to Special Order Calendar (4/22/2014) Time: 04/18/2014 - 4:04 PM Member: Committee: Version: c2
Event: H Added to Second Reading Calendar Time: 03/18/2014 - 9:45 AM Member: Committee: Version: c2
Event: H Bill referred to House Calendar Time: 03/18/2014 - 9:45 AM Member: Committee: Version: c2
Event: H 1st Reading Time: 03/14/2014 - 5:34 PM Member: Committee: Version: c2
Event: H CS Filed Time: 03/13/2014 - 5:44 PM Member: Committee: Version: c2
Event: H Laid on Table under Rule 7.19(a) Time: 03/13/2014 - 5:44 PM Member: Committee: Version: c1
Event: H Reported out of Regulatory Affairs Committee Time: 03/13/2014 - 5:15 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Favorable with CS by Regulatory Affairs Committee Time: 03/12/2014 - 3:00 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Added to Regulatory Affairs Committee agenda Time: 03/10/2014 - 4:10 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H 1st Reading Time: 03/04/2014 - 11:50 PM Member: Committee: Version: c1
Event: H 1st Reading Time: 03/04/2014 - 11:50 PM Member: Committee: Version: __
Event: H Now in Regulatory Affairs Committee Time: 03/04/2014 - 7:21 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Reported out of Government Operations Appropriations Subcommittee Time: 03/04/2014 - 7:21 PM Member: Committee: Government Operations Appropriations Subcommittee Version: c1
Event: H Favorable by Government Operations Appropriations Subcommittee Time: 03/04/2014 - 3:30 PM Member: Committee: Government Operations Appropriations Subcommittee Version: c1
Event: H Added to Government Operations Appropriations Subcommittee agenda Time: 02/28/2014 - 4:14 PM Member: Committee: Government Operations Appropriations Subcommittee Version: c1
Event: H Now in Government Operations Appropriations Subcommittee Time: 02/17/2014 - 12:47 PM Member: Committee: Government Operations Appropriations Subcommittee Version: c1
Event: H Referred to Regulatory Affairs Committee Time: 02/17/2014 - 12:47 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Referred to Government Operations Appropriations Subcommittee Time: 02/17/2014 - 12:47 PM Member: Committee: Government Operations Appropriations Subcommittee Version: c1
Event: H CS Filed Time: 02/14/2014 - 10:52 AM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19(a) Time: 02/14/2014 - 10:52 AM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 02/14/2014 - 10:26 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 02/11/2014 - 5:30 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 02/04/2014 - 3:35 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 01/27/2014 - 5:35 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Regulatory Affairs Committee Time: 01/27/2014 - 5:35 PM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Referred to Government Operations Appropriations Subcommittee Time: 01/27/2014 - 5:35 PM Member: Committee: Government Operations Appropriations Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 01/27/2014 - 5:35 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 01/16/2014 - 11:18 AM Member: Workman Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
494.001 SB 666, CS/CS/SB 1012
494.0012 SB 666, CS/CS/SB 1012
494.00255 SB 666, CS/CS/SB 1012
494.0028 SB 666, CS/CS/SB 1012
494.00313 SB 666, CS/CS/SB 1012
494.00322 SB 666, CS/CS/SB 1012
494.0036 SB 666, CS/CS/SB 1012
494.0038 SB 666, CS/CS/SB 1012
494.004 SB 666, CS/CS/SB 1012
494.0042 SB 666, CS/CS/SB 1012
494.00421 SB 666, CS/CS/SB 1012
494.00611 SB 666, CS/CS/SB 1012
494.00612 SB 666, CS/CS/SB 1012
494.0066 SB 666, CS/CS/SB 1012
494.0067 SB 666, CS/CS/SB 1012
494.0068 SB 666, CS/CS/SB 1012
494.007 SB 666, CS/CS/SB 1012
494.0073 SB 666, CS/CS/SB 1012
494.008 SB 666, CS/CS/SB 1012