WV HB5419 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on February 2 2024 - 25% progression
Action: 2024-02-07 - To House Judiciary
Pending: House Judiciary Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 2 2024 - 25% progression
Action: 2024-02-07 - To House Judiciary
Pending: House Judiciary Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The purpose of this bill is to update the law related to mortgage lender and broker regulation to align control of a licensee and key individuals with other regulatory programs, allow West Virginia to participate in and accept multistate examinations as well as application information and decisions to reduce regulatory burden on licensees, and bring West Virginia into conformity with a majority of jurisdictions by permitting remote work for mortgage loan originators.
Title
Relating to the licensure and regulation of mortgage brokers, lenders, and loan originators
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-07 | House | To House Judiciary |
| 2024-02-07 | House | Do pass, but first to Judiciary |
| 2024-02-02 | House | To House Banking and Insurance |
| 2024-02-02 | House | Introduced in House |
| 2024-02-02 | House | To Banking and Insurance then Judiciary |
| 2024-02-02 | House | Filed for introduction |
Same As/Similar To
SB613 (Similar To) 2024-04-23 - Chapter 137, Acts, Regular Session, 2024
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 31 | 17 | 1 | Amended Code | Citation Text |
| 31 | 17 | 11 | New Code | See Bill Text |
| 31 | 17 | 3 | Amended Code | Citation Text |
| 31 | 17 | 4 | Amended Code | Citation Text |
| 31 | 17 | 4A | New Code | See Bill Text |
| 31 | 17 | 6 | New Code | See Bill Text |
| 31 | 17 | 7 | New Code | See Bill Text |
| 31 | 17A | 9A | New Code | See Bill Text |
