A bill to amend 2002 PA 660, entitled "Consumer mortgage protection act ," by amending section 2 (MCL 445.1632), as amended by 2016 PA 44.
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
