Nationwide Mortgage Licensing System & Registry; requires mortgage lenders and brokers to register. (HB547)
Introduced By
Del. Danny Marshall (R-Danville)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
☐ |
Signed by Governor |
✓ |
Became Law |
Description
Certain mortgage lenders and mortgage brokers required to register with Nationwide Mortgage Licensing System and Registry. Compels mortgage lenders and mortgage brokers whose employees are required to be licensed as mortgage loan originators, to register with the Nationwide Mortgage Licensing System and Registry, developed and maintained by the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators. The Commissioner of the Bureau of Financial Institutions may establish agreements with the Registry for such conditions as the collection of information and fees. This is a recommendation of the Virginia Housing Commission. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/12/2010 | Committee |
01/12/2010 | Prefiled and ordered printed; offered 01/13/10 10102384D |
01/12/2010 | Referred to Committee on Commerce and Labor |
01/19/2010 | Impact statement from SCC (HB547) |
01/21/2010 | Reported from Commerce and Labor (22-Y 0-N) (see vote tally) |
01/25/2010 | Read first time |
01/26/2010 | Read second time and engrossed |
01/27/2010 | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
01/27/2010 | VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally) |
01/28/2010 | Constitutional reading dispensed |
01/28/2010 | Referred to Committee on Commerce and Labor |
02/22/2010 | Reported from Commerce and Labor (15-Y 0-N) (see vote tally) |
02/24/2010 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/25/2010 | Read third time |
02/25/2010 | Passed Senate (40-Y 0-N) (see vote tally) |
03/03/2010 | Enrolled |
03/03/2010 | Bill text as passed House and Senate (HB547ER) |
03/03/2010 | Signed by Speaker |
03/04/2010 | Impact statement from SCC (HB547ER) |
03/06/2010 | Signed by President |
04/13/2010 | Governor's recommendation received by House |
04/13/2010 | Governor's substitute printed 10106220D-H1 |
04/20/2010 | Placed on Calendar |
04/21/2010 | House concurred in Governor's recommendation (95-Y 0-N) |
04/21/2010 | VOTE: --- ADOPTION (95-Y 0-N) (see vote tally) |
04/21/2010 | Senate concurred in Governor's recommendation (39-Y 0-N) (see vote tally) |
04/21/2010 | G Governor's recommendation adopted |
04/21/2010 | Reenrolled |
04/21/2010 | Reenrolled bill text (HB547ER2) |
04/21/2010 | Signed by Speaker as reenrolled |
04/21/2010 | Signed by President as reenrolled |
04/21/2010 | Enacted, Chapter 831 (effective 7/1/10) |
04/21/2010 | G Acts of Assembly Chapter text (CHAP0831) |
Video
This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 45 seconds.