2006 House Bill 6435

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Introduced in the House

Sept. 7, 2006

Introduced by Rep. Tom Casperson (R-108)

To prohibit mortgage brokers from coercing or inducing a real estate appraiser to inflate an appraisal developed in connection with a particular loan, as described in <a href="http://www.michiganvotes.org/2006-HB-6434">House Bill 6434</a>.

Referred to the Committee on Banking and Financial Services

Sept. 14, 2006

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Sept. 19, 2006

Substitute offered by Rep. Tom Casperson (R-108)

To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.

The substitute passed by voice vote

Passed in the House 105 to 1 (details)

Received in the Senate

Sept. 20, 2006

Referred to the Committee on Banking and Financial Institutions