A bill to license and regulate mortgage brokers, mortgage lenders, mortgage servicers, and mortgage loan originators; to prohibit certain conduct related to residential mortgage loans; to prescribe remedies, penalties, and civil sanctions; to provide for the powers and duties of certain state and local governmental officers and entities; to provide for the promulgation of rules; to provide for the appointment of a conservator under certain circumstances; to create the residential mortgage industry advisory board and prescribe its powers and duties; to create funds; and to repeal acts and parts of acts.
Introduced
by
Referred to the Committee on Finance