Public Act 528 of 2008

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• Introduced by Rep. Barbara Farrah (D) on May 21, 2008, to establish sentencing guidelines for the crime proposed by Senate Bills 342 and 356 of a mortgage broker coercing or inducing a real estate appraiser to inflate an appraisal developed in connection with a particular loan.
  • Referred to the House Banking and Financial Services Committee on May 21, 2008.
    • Reported in the House on May 27, 2008, without amendment and with the recommendation that the bill pass.
• Passed 108 to 0 in the House on November 12, 2008.
  Who Voted "Yes" and Who Voted "No"
• Received in the Senate on November 13, 2008.
  • Referred to the Senate Banking and Financial Institutions Committee on November 13, 2008.
    • Reported in the Senate on December 4, 2008, with the recommendation that the bill pass.
• Passed 33 to 0 in the Senate on December 19, 2008, to establish sentencing guidelines for the crime proposed by Senate Bills 342 and 356 of a mortgage broker coercing or inducing a real estate appraiser to inflate an appraisal developed in connection with a particular loan.
  Who Voted "Yes" and Who Voted "No"
• Signed by Gov. Jennifer Granholm on January 12, 2009.