Mississippi Legislature
2003 Regular Session

House Bill 1458

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Bill Text

History of Actions

Amendments

Background

Title

Description: Mississippi Mortgage Consumer Protection Law; revise exemptions, examination fee, definition of "loan originator."

Bill Text: [Introduced] [Committee Substitute] [Passed House]

History of Actions:

1 01/20 (H) Referred To Banks and Banking
2 02/04 (H) Title Suff Do Pass Comm Sub
3 02/06 (H) Committee Substitute Adopted
4 02/06 (H) Passed
5 02/07 (H) Transmitted To Senate
6 02/11 (S) Referred To Business and Financial Institutions
7 02/27 (S) Title Suff Do Pass As Amended
8 03/05 (S) Amended
9 03/05 (S) Passed As Amended
10 03/06 (S) Returned For Concurrence
11 03/19 (H) Decline to Concur/Invite Conf
12 03/24 (H) Conferees Named Guice,Howell,Evans
13 03/25 (S) Conferees Named Mettetal,Michel,Browning
14 03/31 (H) Died In Conference

Amendments:

Adopted [S] Amendment No 1

Background Information:

Effective dateJuly 1, 2003
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredThree/Fifths

House Committee:

Senate Committee:

Principal Author: Guice

Additional Authors: Wallace, West

Code Sections: A 081-0018-0003, A 081-0018-0005, A 081-0018-0021, A 081-0018-0015

Title: AN ACT TO AMEND SECTION 81-18-3, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "LOAN ORIGINATOR" AS USED IN THE MISSISSIPPI MORTGAGE CONSUMER PROTECTION LAW; TO AMEND SECTION 81-18-5, MISSISSIPPI CODE OF 1972, TO REVISE THE EXEMPTIONS TO THE MISSISSIPPI MORTGAGE CONSUMER PROTECTION LAW; TO AMEND SECTION 81-18-15, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT COURSES APPROVED BY THE MAGNOLIA MORTGAGE BROKERS AND EDUCATIONAL ASSOCIATION WILL BE ACCEPTABLE FOR CONTINUING EDUCATION REQUIREMENTS UNDER THE MISSISSIPPI MORTGAGE CONSUMER PROTECTION LAW; TO REQUIRE THE COMMISSIONER TO APPROVE CONTINUING EDUCATION COURSES IN ADVANCE ON A CASE-BY-CASE BASIS; TO AMEND SECTION 81-18-21, MISSISSIPPI CODE OF 1972, TO REVISE THE AMOUNT OF THE EXAMINATION FEE THAT MAY BE CHARGED BY THE COMMISSIONER OF BANKING AND CONSUMER FINANCE FOR EXAMINING THE RECORDS OF A MORTGAGE COMPANY; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/31/03 at 20:05.

End Of Document
2003/pdf/History/HB/HB1458.htm