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2008 SESSION
SB 709 Mortgage lenders, etc.; prohibits making a mortgage that is more expensive than borrower qualifies.
Introduced by: Stephen H. Martin | all patrons ... notes | add to my profiles
SUMMARY AS PASSED SENATE: (all summaries)
Mortgage lenders and brokers. Prohibits any mortgage lender or broker that is required to be licensed under the Mortgage Lender and Broker Act from making a mortgage loan to, or negotiating, placing or finding a mortgage loan for, a borrower if it is more expensive than another mortgage loan with identical terms that the lender or broker markets or offers and for which the borrower qualifies.
FULL TEXT
- 01/16/08 Senate: Presented and ordered printed 080121268 pdf | impact statement
- 01/24/08 Senate: Printed as engrossed 080121268-E pdf | impact statement
AMENDMENTS
HISTORY
- 01/16/08 Senate: Presented and ordered printed 080121268
- 01/16/08 Senate: Referred to Committee on Commerce and Labor
- 01/21/08 Senate: Reported from Commerce and Labor with amendments (15-Y 0-N)
- 01/23/08 Senate: Constitutional reading dispensed (40-Y 0-N)
- 01/24/08 Senate: Read second time
- 01/24/08 Senate: Reading of amendments waived
- 01/24/08 Senate: Committee amendments agreed to
- 01/24/08 Senate: Engrossed by Senate as amended SB709E
- 01/24/08 Senate: Printed as engrossed 080121268-E
- 01/25/08 Senate: Read third time and passed Senate (39-Y 0-N)
- 01/25/08 Senate: Communicated to House
- 02/12/08 House: Placed on Calendar
- 02/12/08 House: Read first time
- 02/12/08 House: Referred to Committee on Commerce and Labor
- 02/14/08 House: Assigned C & L sub: 2
- 03/12/08 House: Left in Commerce and Labor