CS/CS/HB 1125: Mortgage Brokering & Lending
GENERAL BILL by Policy & Budget Council ; Jobs & Entrepreneurship Council ; Richter ; (CO-INTRODUCERS) Zapata ; Roberson, Y ; Hasner ; Bucher ; Williams, T.
Mortgage Brokering & Lending; authorizes Financial Regulation Office to impose fines; authorizes office to take certain adverse actions on permits of certain mortgage business schools; authorizes office to offer professional continuing education programs; authorizes borrower to waive notification under certain circumstances; specifies criteria for committing offense of mortgage fraud, etc. Amends Ch. 494; creates 817.545.
Effective Date: 10/01/2007
Last Action: 4/30/2007 House - Substituted CS/CS/SB 1824; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 1824 (Ch. 2007-182) -HJ 00869
Bill Text: Web Page | PDF
Last Action: 4/30/2007 House - Substituted CS/CS/SB 1824; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 1824 (Ch. 2007-182) -HJ 00869
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 2/26/2007 House • Filed
3/5/2007 House • Referred to Jobs & Entrepreneurship Council; Policy & Budget Council
3/6/2007 House • Introduced, referred to Jobs & Entrepreneurship Council; Policy & Budget Council -HJ 00079
3/8/2007 House • Referred to Financial Institutions (JE) by Jobs & Entrepreneurship Council -HJ 00194
3/13/2007 House • On Committee agenda-- Financial Institutions (JE), 03/15/07, 9:15 am, 306-H
3/15/2007 House • Favorable by Financial Institutions (JE); YEAS 6 NAYS 0 -HJ 00219; Now in Jobs & Entrepreneurship Council -HJ 00219
4/10/2007 House • On Council agenda-- Jobs & Entrepreneurship Council, 04/12/07, 8:00 am, Morris Hall
4/12/2007 House • CS by Jobs & Entrepreneurship Council; YEAS 10 NAYS 0 -HJ 00560
4/19/2007 House • CS read 1st time on 04/19/07 -HJ 00558; CS filed; Now in Policy & Budget Council -HJ 00569; On Council agenda-- Policy & Budget Council, 04/20/07, 1:00 pm, 212-K
4/20/2007 House • CS/CS by- Policy & Budget Council; YEAS 22 NAYS 0 -HJ 00587
4/23/2007 House • CS read 1st time on 04/23/07 -HJ 00578; CS filed
4/24/2007 House • Placed on Calendar -HJ 00640
4/26/2007 House • Placed on Special Order Calendar; Read 2nd time -HJ 00759
4/30/2007 House • Substituted CS/CS/SB 1824; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 1824 (Ch. 2007-182) -HJ 00869
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CS/CS/HB 1125, Committee Substitute 2 (Current Bill Version) Posted 4/23/2007 at 6:18 PM
Bill Text: Web Page | PDF Analyses: Policy & Budget Council (Post-Meeting) (pdf)
Related Bills (4)
Bill Number Subject Filed By Relationship Last Action and Location S 1824 (e2) Fasano Similar Last Action: 6/19/2007 Approved by Governor; Chapter No. 2007-182
Location:H 349 Fla. Residential Mortgage Fraud Act Gelber Compare Last Action: 5/4/2007 H Died in Jobs & Entrepreneurship Council, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 1824 (Ch. 2007-182)
Location:S 240 Fla. Residential Mortgage Fraud Act [EPCC] Bullard Compare Last Action: 3/13/2007 S CS combines this bill with SB 352 -SJ 00134; CS by Banking and Insurance; YEAS 10 NAYS 0 -SJ 00134; Original bill laid on Table, refer to combined CS/CS/SB 352 (Died in House Messages); Link/Iden/Sim/Compare passed, refer to CS/CS/SB 1824 (Ch. 2007-182)
Location:S 352 (c2) Real Property Fraud [EPCC] Bullard Compare Last Action: 5/4/2007 H Died in Messages, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 1824 (Ch. 2007-182)
Location:Citations - Statutes (13)
Citation Catchline Location in Bill Location In Bill Help 494.001 Definitions. 494.0014 Cease and desist orders; refund orders. 494.0029 Mortgage business schools. 494.00295 Professional continuing education. 494.0033 Mortgage broker's license. 494.0038 Mortgage broker disclosures. 494.004 Requirements of licensees. 494.0041 Administrative penalties and fines; license violations. 494.0064 Renewal of mortgage lender's license; branch office license renewal. 494.0067 Requirements of licensees under ss. 494.006-494.0077. 494.0072 Administrative penalties and fines; license violations. 494.0073 Mortgage lender or correspondent mortgage lender when acting as a mortgage brokerage business. 817.545 -
CS/HB 1125, Committee Substitute 1 Posted 4/19/2007 at 3:21 PM
Bill Text: Web Page | PDF Analyses: Jobs & Entrepreneurship Council (Post-Meeting) (pdf)
Jobs & Entrepreneurship Council (Post-Meeting) (pdf)
Policy & Budget Council (Post-Meeting) (pdf)
Citations - Statutes (13)
Citation Catchline Location in Bill Location In Bill Help 494.001 Definitions. 494.0014 Cease and desist orders; refund orders. 494.0029 Mortgage business schools. 494.00295 Professional continuing education. 494.0033 Mortgage broker's license. 494.0038 Mortgage broker disclosures. 494.004 Requirements of licensees. 494.0041 Administrative penalties and fines; license violations. 494.0064 Renewal of mortgage lender's license; branch office license renewal. 494.0067 Requirements of licensees under ss. 494.006-494.0077. 494.0072 Administrative penalties and fines; license violations. 494.0073 Mortgage lender or correspondent mortgage lender when acting as a mortgage brokerage business. 817.545 -
HB 1125, Original Filed Version Posted 2/26/2007 at 2:57 PM
Bill Text: Web Page | PDF Citations - Statutes (12)
Citation Catchline Location in Bill Location In Bill Help 494.001 Definitions. 494.0014 Cease and desist orders; refund orders. 494.0029 Mortgage business schools. 494.00295 Professional continuing education. 494.0033 Mortgage broker's license. 494.0038 Mortgage broker disclosures. 494.004 Requirements of licensees. 494.0041 Administrative penalties and fines; license violations. 494.0064 Renewal of mortgage lender's license; branch office license renewal. 494.0067 Requirements of licensees under ss. 494.006-494.0077. 494.0072 Administrative penalties and fines; license violations. 494.0073 Mortgage lender or correspondent mortgage lender when acting as a mortgage brokerage business.