2009 House Bill 4590

Impose new subprime mortgage regulations

Introduced in the House

March 17, 2009

Introduced by Rep. Coleman Young (D-4)

To give the Office of Financial and Insurance Services (OFIS) the authority to promulgate and impose administrative rules related to the 2002 <http://www.michiganvotes.org/2002-HB-6121">law</a> regulating subprime home loans. See also House Bills 4585 and 4587.

Referred to the Committee on Banking and Financial Services