A bill to amend 2004 PA 452, entitled "Identity theft protection act," by amending section 3 (MCL 445.63), as amended by 2010 PA 318.
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.
Introduced
by
Referred to the Committee on Finance