SB 666 (2014) -  Loan Originators, Mortgage Brokers, and Mortgage Lenders

General Bill by Detert
Loan Originators, Mortgage Brokers, and Mortgage Lenders: Authorizing the Office of Financial Regulation to conduct joint or concurrent examinations with other state or federal regulatory agencies; providing additional grounds for disciplinary action against a licensee or person required to be licensed based on certain violations of the Nationwide Mortgage Licensing System and Registry’s Rules of Conduct for Test Takers; deleting certain disclosure requirements relating to mortgage broker agreements; providing additional requirements, fees, and consequences for failing to renew a mortgage lender license that is not submitted by a certain date, etc.
Effective Date: 07/01/2014
Last Event: 05/02/14 S Died in Appropriations, 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

Senate Referrals

  • Banking and Insurance
    • On agenda for: 02/18/14 2:00 PM
    • Favorable (final action) Votes: Yeas 11   Nays 0
  • Appropriations Subcommittee on General Government
    • On agenda for: 03/05/14 11:00 AM
    • Recommendation: Favorable With Committee Substitute (final action) Votes: Yeas 13   Nays 0
  • Appropriations

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/HB 631 Subject: Loan Originators, Mortgage Brokers, & Mortgage Lenders Relationship: Similar
Bill #: CS/CS/SB 1012 Subject: Financial Services Relationship: Compare

Bill Text

  • Original Filed Version
    • P 760062 , Appropriations Date Filed: 03/07/14, Line#: 0
    • A 823074 , Banking and Insurance, Clemens Date Filed: 02/18/14, Line#: 644 Senate(c): Withdrawn 02/18/2014 04:17 PM
    • D 956228 , Appropriations Subcommittee on General Government, Detert Date Filed: 03/04/14, Line#: 0 Senate(c): Replaced by Committee Substitute 03/05/2014 02:14 PM
    • AA 281846 , Appropriations Subcommittee on General Government, Detert Date Filed: 03/04/14, Line#: 48 Senate(c): Replaced by Committee Substitute 03/05/2014 02:14 PM

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Appropriations Subcommittee on General Government 3/7/2014 4:42:42 PM
Chamber: Senate Committee: Appropriations Subcommittee on General Government 3/4/2014 11:02:42 AM
Chamber: Senate Committee: Banking and Insurance 2/19/2014 8:56:35 AM
Chamber: Senate Committee: Banking and Insurance 2/17/2014 1:15:13 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Appropriations, companion bill(s) passed, see CS/CS/SB 1012 (Ch. 2014-91) Time: 05/02/2014 - 10:39 PM Member: Committee: Appropriations Version: __
Event: S Now in Appropriations -SJ 207 Time: 03/07/2014 - 4:46 PM Member: Committee: Appropriations Version: __
Event: S Subcommittee Recommendation: CS by Appropriations Subcommittee on General Government; YEAS 13 NAYS 0 -SJ 207 Time: 03/05/2014 - 1:14 PM Member: Committee: Appropriations Subcommittee on General Government Version: __
Event: S Introduced -SJ 55 Time: 03/04/2014 - 8:13 AM Member: Committee: Version: __
Event: S On Committee agenda-- Appropriations Subcommittee on General Government, 03/05/14, 11:00 am, 110 Senate Office Building Time: 02/28/2014 - 11:14 AM Member: Committee: Appropriations Subcommittee on General Government Version: __
Event: S Now in Appropriations Subcommittee on General Government -SJ 135 Time: 02/19/2014 - 9:02 AM Member: Committee: Appropriations Subcommittee on General Government Version: __
Event: S Favorable by Banking and Insurance; YEAS 11 NAYS 0 -SJ 135 Time: 02/18/2014 - 3:03 PM Member: Committee: Banking and Insurance Version: __
Event: S On Committee agenda-- Banking and Insurance, 02/18/14, 2:00 pm, 110 Senate Office Building Time: 02/10/2014 - 11:22 AM Member: Committee: Banking and Insurance Version: __
Event: S Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations -SJ 55 Time: 01/28/2014 - 4:49 PM Member: Committee: Banking and Insurance Version: __
Event: S Filed Time: 01/16/2014 - 12:15 PM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
494.001 CS/CS/HB 631, CS/CS/SB 1012
494.0012 CS/CS/HB 631, CS/CS/SB 1012
494.00255 CS/CS/HB 631, CS/CS/SB 1012
494.0028 CS/CS/HB 631, CS/CS/SB 1012
494.00313 CS/CS/HB 631, CS/CS/SB 1012
494.00322 CS/CS/HB 631, CS/CS/SB 1012
494.0036 CS/CS/HB 631, CS/CS/SB 1012
494.0038 CS/CS/HB 631, CS/CS/SB 1012
494.004 CS/CS/HB 631, CS/CS/SB 1012
494.0042 CS/CS/HB 631, CS/CS/SB 1012
494.00421 CS/CS/HB 631, CS/CS/SB 1012
494.00611 CS/CS/HB 631, CS/CS/SB 1012
494.00612 CS/CS/HB 631, CS/CS/SB 1012
494.0066 CS/CS/HB 631, CS/CS/SB 1012
494.0067 CS/CS/HB 631, CS/CS/SB 1012
494.0068 CS/CS/HB 631, CS/CS/SB 1012
494.007 CS/CS/HB 631, CS/CS/SB 1012
494.0073 CS/CS/HB 631, CS/CS/SB 1012
494.0078 CS/CS/SB 1012
494.0079 CS/CS/SB 1012
494.00791 CS/CS/SB 1012
494.00792 CS/CS/SB 1012
494.00793 CS/CS/SB 1012
494.00794 CS/CS/SB 1012
494.00795 CS/CS/SB 1012
494.00796 CS/CS/SB 1012
494.00797 CS/CS/SB 1012
494.008 CS/CS/HB 631, CS/CS/SB 1012