SB 488 Modifies provisions relating to mortgage loan originators
Sponsor: Cunningham
LR Number: 2280H.02C Fiscal Notes
Committee: Financial and Governmental Organizations and Elections
Last Action: 5/15/2015 - H Calendar S Bills for Third Reading w/HCS Journal Page:
Title: HCS SB 488 Calendar Position:
Effective Date: August 28, 2015
House Handler: Crawford

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Current Bill Summary


HCS/SB 488 - This act requires the Mortgage Broker Licensing examination to be designated as the Nationwide Mortgage Licensing System Uniform State Test for Mortgage Loan Originator Licensing.

This provision is identical to HCS/HB 926 (2015) and a provision in SCS/SB 345 (2015) which was truly agreed to and finally passed.

SCOTT SVAGERA