A bill to amend 1909 PA 279, entitled "The home rule city act," by amending section 4q (MCL 117.4q), as amended by 2024 PA 83.
House Bills 6177 through 6124 creates a unified regulatory regime for Michigan's residential mortgage industry, establishing licensing, conduct, consumer protection, and enforcement standards for mortgage brokers, lenders, servicers, and loan originators, while consolidating and replacing prior statutes.
Co-sponsored by Reps.
Referred to the Committee on Finance
