MS SB2504 | 2016 | Regular Session
Status
Completed Legislative Action
Sponsorship: Bipartisan Bill
Status: Passed on April 6 2016 - 100% progression
Action: 2016-04-06 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]
Sponsorship: Bipartisan Bill
Status: Passed on April 6 2016 - 100% progression
Action: 2016-04-06 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]
Summary
An Act To Reenact Sections 81-18-1 Through 81-18-63, Known As The "mississippi S.a.f.e. Mortgage Act"; To Amend Reenacted Section 81-18-9, Mississippi Code Of 1972, To Revise The Qualifications For Licensure; To Amend Reenacted Section 81-18-15, Mississippi Code Of 1972, To Revise The Number Of Hours Of Annual Continuing Education Required For A Licensed Mortgage Loan Originator; To Amend Reenacted Section 81-18-21, Mississippi Code Of 1972, To Revise The Maintenance Requirements And Investigation Authority Of Business Records; To Amend Reenacted Section 81-18-23, Mississippi Code Of 1972, To Revise The Annual Written Reporting Requirements By Licensees; To Amend Reenacted Section 81-18-25, Mississippi Code Of 1972, To Revise The Signage Requirements For Principal Place Of Business And Branch Offices; To Amend Reenacted Section 81-18-27, Mississippi Code Of 1972, To Prohibit Certain Acts Of Licensees; To Amend Reenacted Section 81-18-28, Mississippi Code Of 1972, To Clarify The Contents Of A Lock-in Fee Agreement; To Amend Reenacted Section 81-18-31, Mississippi Code Of 1972, To Revise The Regulations Governing Advertising Of Mortgage Loans; To Amend Reenacted Section 81-18-33, Mississippi Code Of 1972, To Provide For The Required Contents Of Individual Consumer Servicer Files; To Amend Reenacted Section 81-18-35, Mississippi Code Of 1972, To Revise The Required Content Of A Licensee's Journal Of Mortgage Transactions; To Amend Reenacted Section 81-18-37, Mississippi Code Of 1972, To Make A Technical Amendment; To Amend Reenacted Section 81-18-51, Mississippi Code Of 1972, To Extend The Repealer; To Amend Reenacted Section 81-18-55, Mississippi Code Of 1972, To Clarify The Prohibited Activities In The Course Of Residential Mortgage Loan Transactions; To Amend Reenacted Section 81-18-61, Mississippi Code Of 1972, To Delete The Registration Requirement For Mortgage Loan Originators Through The Nationwide Mortgage Licensing System And Registry; And For Related Purposes.
Title
Mississippi S.A.F.E. Mortgage Act; extend repealer and revise certain provisions.
Sponsors
Roll Calls
2016-03-29 - House - House Passed (Y: 112 N: 5 NV: 4 Abs: 0) [PASS]
2016-03-02 - Senate - Senate Passed (Y: 51 N: 0 NV: 0 Abs: 0) [PASS]
2016-03-02 - Senate - Senate Passed (Y: 51 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2016-04-06 | Approved by Governor | |
| 2016-04-01 | House | Enrolled Bill Signed |
| 2016-04-01 | Senate | Enrolled Bill Signed |
| 2016-03-30 | House | Returned For Enrolling |
| 2016-03-30 | House | Motion to Reconsider Tabled |
| 2016-03-29 | House | Motion to Reconsider Entered (Wooten, Zuber, Campbell) |
| 2016-03-29 | House | Passed |
| 2016-03-25 | House | Tabled Subject To Call |
| 2016-03-23 | House | Read the Third Time |
| 2016-03-15 | House | Title Suff Do Pass |
| 2016-03-14 | House | Referred To Banking and Financial Services |
| 2016-03-03 | Senate | Transmitted To House |
| 2016-03-02 | Senate | Passed |
| 2016-03-02 | Senate | Committee Substitute Adopted |
| 2016-02-17 | Senate | Title Suff Do Pass Comm Sub |
| 2016-02-08 | Senate | Referred To Business and Financial Institutions |
