A bill to amend 1981 PA 125, entitled "The secondary mortgage loan act," by amending section 6a (MCL 493.56a), as amended by 2009 PA 77.
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
