l9n/ Mississippi

2013 Regular Session

House Bill 397

Mississippi S.A.F.E. Mortgage Act; make various amendments to.

Did not become law. It stopped in the House of Representatives's Banking and Financial Services Committee on February 5, 2013. The 2013 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 81-18-3, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "QUALIFYING INDIVIDUAL" AS USED IN THE MISSISSIPPI S.A.F.E. MORTGAGE ACT; TO AMEND SECTION 81-18-9, MISSISSIPPI CODE OF 1972, TO REVISE THE CONTENTS OF THE MORTGAGE BROKER AND LENDER APPLICATIONS AND TO INCREASE THE INITIAL LOAN ORIGINATOR LICENSE FEE; TO AMEND SECTION 81-18-13, MISSISSIPPI CODE OF 1972, TO DELETE CERTAIN LICENSING PROCEDURES AND CRITERIA; TO AMEND SECTION 81-18-15, MISSISSIPPI CODE OF 1972, TO INCREASE THE LICENSE AND RENEWAL FEES FOR MORTGAGE BROKERS, MORTGAGE LENDERS AND LOAN ORIGINATORS; TO AMEND SECTION 81-18-17, MISSISSIPPI CODE OF 1972, TO INCREASE THE BRANCH LICENSE AND RENEWAL FEES; TO AMEND SECTION 81-18-21, MISSISSIPPI CODE OF 1972, TO REVISE THE EXAMINATION FEE WHICH MAY BE CHARGED BY THE COMMISSIONER OF BANKING FOR THE EXAMINATION OF THE BOOKS AND RECORDS OF ANY LICENSEE; TO AMEND SECTION 81-18-23, MISSISSIPPI CODE OF 1972, TO REQUIRE LICENSEES WHO ARE INVOLVED IN CIVIL ACTIONS TO NOTIFY THE NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY; TO AMEND SECTION 81-18-35, MISSISSIPPI CODE OF 1972, TO REQUIRE EACH LICENSEE TO MAINTAIN A JOURNAL OF SERVICED LOANS AT ITS PRINCIPAL PLACE OF BUSINESS FOR ALL MISSISSIPPI RESIDENTIAL LOANS THAT THE LICENSEE OWNS AND/OR SERVICES; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

Its course

January 21 to February 5, 2013, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action2 actions on 2 days

In the House of RepresentativesJan 21 to Feb 5 · stopped15 days

Banking and Financial ServicesJan 21 to Feb 5 · stopped15 days

Text

Each version as the Legislature printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the House of Representatives Jan 21 – Feb 5

  1. Referred to the House committees on Banking and Financial Services and on Ways and Means
  2. Died in committee in the House
All 2 actions, as published