Introduced
by
To impose new regulation, registration, training, testing and background check requirements on mortgage loan officers. The bill is part of a subprime home loan regulation package comprised of House Bills 5287 to 5310 and Senate Bills 827 to 833.
Referred to the Committee on Banking and Financial Services
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises various details of the proposed licensure requirements and procedures, but does not change the substance of the bill. This version was subsequently superseded by another substitute with more changes.
The substitute failed by voice vote
Substitute offered
by
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
Amendment offered
by
To prohibit a loan officer from working on mortgage loans until a criminal background check had been completed (rather than just initiated).
The amendment passed by voice vote
Passed in the House 108 to 0 (details)
Motion to reconsider
by
The vote by which the House passed the bill.
The motion passed by voice vote
Received
Motion to reconsider
by
The vote by which the House adopted the amendments offered previously by Rep. Tobocman.
The motion passed by voice vote
Amendment offered
by
To prohibit a loan officer from working on mortgage loans until a criminal background check had been completed (rather than just initiated).
Consideration postponed
Withdrawn
by
Amendment withdrawn, pending consulations with Senators involved in the legislative package.
Passed in the House 108 to 0 (details)
To pass the bill a second time after reconsidering the previous vote, and then choosing not to add the Tobocman amendment.
Referred to the Committee on Banking and Financial Institutions
Reported without amendment
With the recommendation that the bill pass.
Substitute offered
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
Amendment offered
by
To prohibit a loan officer from working on mortgage loans until a criminal background check had been completed (rather than just initiated).
The amendment passed by voice vote
Passed in the Senate 38 to 0 (details)
To impose new regulation, registration, training, testing and (completed) background check requirements on mortgage loan officers. The bill is part of a subprime home loan regulation package comprised of House Bills 5287 to 5310 and Senate Bills 827 to 833.
Amendment offered
by
To revise a provision allowing a loan officer to work on mortgage loans pending approval of his application by the state to clarify that the provision barring this if the person has a felony record within the past 10 years applies to original applications, not just license renewals.
The amendment passed by voice vote
Passed in the House 108 to 0 (details)
To concur with the Senate-passed version of the bill, except for the addition of he Coulouris amendment.
Passed in the Senate 37 to 0 (details)
To concur with the House-passed version of the bill.
