2009 House Bill 4590

Impose new subprime mortgage regulations

Introduced in the House

March 17, 2009

Introduced by Rep. Coleman Young (D-4)

To give the Office of Financial and Insurance Services (OFIS) the authority to promulgate and impose administrative rules related to the 2002 law regulating subprime home loans. See also House Bills 4585 and 4587.

Referred to the Committee on Banking and Financial Services