RMLA-SERVICING TRANSFERS
Summary
Amends the Residential Mortgage Licensing Act of 1987. Provides that whenever a licensee seeks to transfer or sell the servicing of a residential mortgage, the licensee must retain a 25% interest in the servicing of the residential mortgage. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2009
Committee Review
Floor Vote
Governor
Introduced Feb 9, 2009
Last action Jan 11, 2011
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
10
Key actions
0
Committee
5
Amendments
2
Jan 11, 2011
House · Failed
Session Sine Die
Mar 13, 2009
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Mar 10, 2009
House · Reported by committee
Remains in Financial Institutions Committee
Mar 10, 2009
House · Failed in committee
Motion Do Pass as Amended - Lost Financial Institutions Committee; 003-013-000
Mar 10, 2009
House · Amendment adopted
House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote
Mar 10, 2009
House · Amendment offered
House Committee Amendment No. 1 Filed with Clerk by Financial Institutions Committee
Feb 18, 2009
House · Referred to committee
Assigned to Financial Institutions Committee
Feb 10, 2009
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Kevin Joyce
DDemocratic
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