HI HB951 | 2021 | Regular Session
Note: Carry Foward to future HB951
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 27 2021 - 25% progression, died in committee
Action: 2021-01-29 - Referred to CPC, FIN, referral sheet 2
Pending: House Consumer Protection & Commerce Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 27 2021 - 25% progression, died in committee
Action: 2021-01-29 - Referred to CPC, FIN, referral sheet 2
Pending: House Consumer Protection & Commerce Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Allows a person aggrieved by the fraud, misrepresentation, or deceit of a mortgage loan originator company licensee to receive restitution payment upon a final court order. Repeals fees paid by mortgage loan originator companies and their branch office locations to the Mortgage Loan Recovery Fund. Provides the Commissioner of Financial Institutions with the authority to consider applications to recover from the fund.
Title
Relating To The Mortgage Loan Recovery Fund.
Sponsors
| Rep. Scott Saiki [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2021-01-29 | House | Referred to CPC, FIN, referral sheet 2 |
| 2021-01-27 | House | Introduced and Pass First Reading. |
| 2021-01-25 | House | Pending introduction. |
Same As/Similar To
HB951 (Carry Over) 2021-01-29 - Referred to CPC, FIN, referral sheet 2
SB1105 (Same As) 2021-02-12 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM/JDC.
SB1105 (Same As) 2021-02-12 - Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM/JDC.
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | http://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=HB&billnumber=951&year=2021 |
| Text | https://www.capitol.hawaii.gov/session2021/bills/HB951_.HTM |
