HI SB2187 | 2014 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on January 16 2014 - 25% progression, died in committee
Action: 2014-01-17 - Referred to WAM.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Amended) [HTML]
Status: Introduced on January 16 2014 - 25% progression, died in committee
Action: 2014-01-17 - Referred to WAM.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Amended) [HTML]
Summary
Requires a mortgage loan originator company to be open during specified regular business hours to the public and for examination or investigation by the commissioner. Deletes exemptions for individuals facilitating mortgage loans for their family members and family property. Clarifies that a branch manager may not oversee more than one branch office or principal place of business. Excludes certain information included in NMLS from confidentiality provisions of the law. (SB2817 HD1)
Title
Secure and Fair Enforcement for Mortgage Licensing Act; Mortgage Loan Origination; Mortgage Loan Originator Companies
Sponsors
| Sen. Mike Gabbard [D] | Sen. Suzanne Chun Oakland [D] | Sen. William Espero [D] | Sen. Michelle Kidani [D] |
| Sen. David Ige [D] | Sen. Gilbert Kahele [D] | Sen. Laura Thielen [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2014-01-17 | Senate | Referred to WAM. |
| 2014-01-16 | Senate | Passed First Reading. |
| 2014-01-16 | Senate | Introduced. |
