2012
Regular Session
Mississippi S.A.F.E. Mortgage Act; revise various licensing provisions and extend repeal date.
AN ACT TO REENACT SECTIONS 81-18-1 THROUGH 81-18-63, MISSISSIPPI CODE OF 1972, WHICH CREATE THE MISSISSIPPI S.A.F.E. MORTGAGE ACT; TO AMEND REENACTED SECTION 81-18-3, MISSISSIPPI CODE OF 1972, TO DEFINE THE TERM "HOUSING FINANCE AGENCY" AS USED IN THE MISSISSIPPI S.A.F.E. MORTGAGE ACT; TO AMEND REENACTED SECTION 81-18-5, MISSISSIPPI CODE OF 1972, TO REVISE THE EXEMPTIONS FROM THE ACT; TO AMEND REENACTED SECTION 81-18-9, MISSISSIPPI CODE OF 1972, TO REVISE THE APPLICATION REQUIREMENTS FOR LICENSURE; TO AMEND REENACTED SECTION 81-18-11, MISSISSIPPI CODE OF 1972, TO CLARIFY THE SURETY BOND REQUIREMENT FOR MORTGAGE LOAN ORIGINATORS; TO AMEND REENACTED SECTION 81-18-13, MISSISSIPPI CODE OF 1972, TO CLARIFY THE DEPARTMENT'S AUTHORITY TO ISSUE A LICENSE WHEN AN APPLICANT OR PERSON CONVICTED OF A CRIME HAS RECEIVED AN EXPUNGEMENT OF THE CRIME; TO AMEND REENACTED SECTIONS 81-18-17 AND 81-18-25, MISSISSIPPI CODE OF 1972, TO REVISE THE SIGNAGE REQUIREMENTS FOR EACH PRINCIPAL PLACE OF BUSINESS AND BRANCH OFFICE; TO AMEND REENACTED SECTION 81-18-19, MISSISSIPPI CODE OF 1972, TO CORRECT A TYPOGRAPHICAL ERROR; TO AMEND REENACTED SECTION 81-18-35, MISSISSIPPI CODE OF 1972, TO CLARIFY THAT EACH LICENSEE SHALL INCLUDE THE DATE OF LOAN CLOSING IN HIS JOURNAL OF MORTGAGE TRANSACTIONS; TO AMEND REENACTED SECTION 81-18-39, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; TO AMEND REENACTED SECTION 81-18-51, MISSISSIPPI CODE OF 1972, TO EXTEND THE DATE OF REPEAL ON THE ACT; TO AMEND REENACTED SECTION 81-18-53, MISSISSIPPI CODE OF 1972, TO REMOVE THE CLARIFYING LANGUAGE REGARDING THE APPLICABILITY OF THE CHAPTER TO ACTIVITIES OF OWNER FINANCING; TO CREATE A NEW SECTION TO PROVIDE SERVICING REQUIREMENTS FOR MORTGAGE LENDERS; AND FOR RELATED PURPOSES.
06/25/12 at 10:42
S
B
2897
Senate Bill 2897
SB 2897
S
Law
General Bill/Constitutional Amendment
No
Three/Fifths
July 1, 2012
571
Banking and Financial Services
F
../../House_cmtes/BB.xml
Business and Financial Institutions
F
../../Senate_cmtes/BF.xml
Jackson (15th)
../../Senate_authors/Jackson_(15th).xml
R
../../code_sections/081/00180001.xml
RA
../../code_sections/081/00180003.xml
RA
../../code_sections/081/00180005.xml
R
../../code_sections/081/00180007.xml
RA
../../code_sections/081/00180009.xml
RA
../../code_sections/081/00180011.xml
RA
../../code_sections/081/00180013.xml
R
../../code_sections/081/00180014.xml
R
../../code_sections/081/00180015.xml
RA
../../code_sections/081/00180017.xml
RA
../../code_sections/081/00180019.xml
R
../../code_sections/081/00180021.xml
R
../../code_sections/081/00180023.xml
RA
../../code_sections/081/00180025.xml
R
../../code_sections/081/00180027.xml
R
../../code_sections/081/00180028.xml
R
../../code_sections/081/00180029.xml
R
../../code_sections/081/00180031.xml
R
../../code_sections/081/00180033.xml
RA
../../code_sections/081/00180035.xml
R
../../code_sections/081/00180036.xml
R
../../code_sections/081/00180037.xml
RA
../../code_sections/081/00180039.xml
R
../../code_sections/081/00180040.xml
R
../../code_sections/081/00180041.xml
R
../../code_sections/081/00180043.xml
A
../../code_sections/081/00180051.xml
RA
../../code_sections/081/00180053.xml
R
../../code_sections/081/00180061.xml
R
../../code_sections/081/00180063.xml
1
02/20 (S) Referred To Business and Financial Institutions
2
03/05 (S) Title Suff Do Pass Comm Sub
3
03/08 (S) Committee Substitute Adopted
4
03/08 (S) Passed
../../../../2012/pdf/votes/senate/0660022.pdf
5
03/08 (S) Immediate Release
6
03/09 (S) Transmitted To House
7
03/19 (H) Referred To Banking and Financial Services
8
03/27 (H) Title Suff Do Pass As Amended
9
04/04 (H) Amended
10
04/04 (H) Passed As Amended
../../../../2012/pdf/votes/house/0930051.pdf
11
04/05 (H) Returned For Concurrence
12
04/10 (S) Decline to Concur/Invite Conf
13
04/24 (S) Conferees Named Jackson (15th),Wilemon,Harkins
14
04/25 (H) Conferees Named Zuber,Guice,Hood
15
04/27 (S) Conference Report Filed
16
04/27 (H) Conference Report Filed
17
04/29 (H) Conference Report Adopted
../../../../2012/pdf/votes/house/1180003.pdf
18
04/29 (S) Conference Report Adopted
../../../../2012/pdf/votes/senate/1180014.pdf
19
05/07 (S) Enrolled Bill Signed
20
05/08 (H) Enrolled Bill Signed
21
05/23 Approved by Governor
../../../../documents/2012/pdf/SB/2800-2899/SB2897SG.pdf
../../../../documents/2012/html/SB/2800-2899/SB2897SG.htm
../../../../documents/2012/pdf/SB/2800-2899/SB2897IN.pdf
../../../../documents/2012/html/SB/2800-2899/SB2897IN.htm
../../../../documents/2012/pdf/SB/2800-2899/SB2897CS.pdf
../../../../documents/2012/html/SB/2800-2899/SB2897CS.htm
../../../../documents/2012/pdf/SB/2800-2899/SB2897PS.pdf
../../../../documents/2012/html/SB/2800-2899/SB2897PS.htm
../../../../documents/2012/pdf/SB/2800-2899/SB2897SG.pdf
../../../../documents/2012/html/SB/2800-2899/SB2897SG.htm
../../../../documents/2012/pdf/cr/SB2897CR.pdf
../../../../documents/2012/html/cr/SB2897CR.htm
Conference Report
Amendment Report for Senate Bill No. 2897
../../../../documents/2012/pdf/ham/Amendment_Report_for_SB2897.pdf
../../../../../documents/2012/html/ham/Amendment_Report_for_SB2897.htm
Committee Amendment No 1
Adopted
../../../../documents/2012/pdf/ham/SB2897_H_Cmte_Amend_01.pdf
../../../../../documents/2012/html/ham/SB2897_H_Cmte_Amend_01.htm
../../../../2012/pdf/votes/house/0930050.pdf
{Vote}
Amendment No 1 to Committee Amendment No 1
Lost
../../../../documents/2012/pdf/ham/SB2897_H_Amend_01_to_Cmte_Amend_01.pdf
../../../../../documents/2012/html/ham/SB2897_H_Amend_01_to_Cmte_Amend_01.htm
Voice Vote