31st Legislature, 2021
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SB1105 SD1       (?)


Measure Title: RELATING TO THE MORTGAGE LOAN RECOVERY FUND.
Report Title: Mortgage Loan Recovery Fund; Mortgage Loan Originator; Restitution; Chapter 454F
Description: Allows a person aggrieved by the fraud, misrepresentation, or deceit of a mortgage loan originator company licensee to receive restitution payment upon a final court order. Repeals fees paid by mortgage loan originator companies and their branch office locations to the Mortgage Loan Recovery Fund. Provides the Commissioner of Financial Institutions with the authority to consider applications to recover from the fund. (SD1)
Companion:  HB951
Package: Governor
Current Referral: CPN, WAM/JDC
Introducer(s): KOUCHI (Introduced by request of another party)

Sort by Date Status Text
1/27/2021SIntroduced.
1/27/2021SPassed First Reading.
1/29/2021SReferred to CPN, JDC.
2/5/2021SThe committee(s) on CPN has scheduled a public hearing on 02-10-21 9:30AM in conference room 229.
2/10/2021SThe committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 7 Aye(s): Senator(s) Baker, Chang, Misalucha, Nishihara, Riviere, San Buenaventura, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2/10/2021SRe-Referred to CPN, WAM/JDC.
2/12/2021SReported from CPN (Stand. Com. Rep. No. 190) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.
2/12/2021SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM/JDC.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB1105 SD1






CommDate/Time/RoomNotice 
CPN 2/10/21 9:30A
229
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