CS/CS/HB 631: Loan Originators, Mortgage Brokers, & Mortgage Lenders
GENERAL BILL by Regulatory Affairs Committee ; Insurance and Banking Subcommittee ; Workman
Loan Originators, Mortgage Brokers, & Mortgage Lenders; Authorizes OFR to conduct joint or concurrent examination of licensees; provides that violating specified rules is grounds for disciplinary action; provides for change in license status if specified licensees fail to meet certain requirements for annual license renewal by specified dates; provides guidelines for license renewal; deletes certain requirements regarding specified fees; deletes certain notice requirements; authorizes FSC to prescribe time period by which mortgage brokers & lenders must file report of condition; deletes certain disclosure & notice requirements; revises period during which mortgage lender may service loans in its own name; repeals provisions relating to arbitration, required disclosures by mortgage brokers receiving certain fees; repeals Florida Fair Lending Act & provisions relating to conditions for mortgage loans of specified amounts secured by vacant land.
Last Action: 5/2/2014 Senate - Died in Banking and Insurance, companion bill(s) passed, see CS/CS/SB 1012 (Ch. 2014-91)
Bill Text: PDF
- Banking and Insurance (BI)
 - Appropriations Subcommittee on General Government (AGG)
 - Appropriations (AP)
 
Bill History
| Date | Chamber | Action | 
|---|---|---|
| 1/16/2014 | House | 
                                    • Filed | 
                        
| 1/27/2014 | House | 
                                    • Referred to Insurance and Banking Subcommittee; Government Operations Appropriations Subcommittee; Regulatory Affairs Committee -HJ 54  | 
                        
| 2/4/2014 | House | 
                                    • On Committee agenda-- Insurance and Banking Subcommittee, 02/11/14, 3:30 pm, Sumner Hall  | 
                        
| 2/11/2014 | House | 
                                    • CS by Insurance and Banking Subcommittee; YEAS 13 NAYS 0 -HJ 157  | 
                        
| 2/14/2014 | House | 
                                    • Pending review of CS under Rule 7.19(c) | 
                        
| 2/17/2014 | House | 
                                    • Now in Government Operations Appropriations Subcommittee -HJ 151  | 
                        
| 2/28/2014 | House | 
                                    • On Committee agenda-- Government Operations Appropriations Subcommittee, 03/04/14, 1:30 pm, Morris Hall  | 
                        
| 3/4/2014 | House | 
                                    • Introduced -HJ 54  • Favorable by Government Operations Appropriations Subcommittee; YEAS 11 NAYS 0 -HJ 205 • Now in Regulatory Affairs Committee -HJ 205 • CS by Insurance and Banking Subcommittee read 1st time -HJ 146  | 
                        
| 3/10/2014 | House | 
                                    • On Committee agenda-- Regulatory Affairs Committee, 03/12/14, 1:00 pm, Sumner Hall  | 
                        
| 3/12/2014 | House | 
                                    • CS/CS by- Regulatory Affairs Committee; YEAS 15 NAYS 3 -HJ 284  | 
                        
| 3/13/2014 | House | 
                                    • Pending review of CS -under Rule 7.19(c) | 
                        
| 3/14/2014 | House | 
                                    • CS/CS by Regulatory Affairs Committee read 1st time -HJ 281  | 
                        
| 3/18/2014 | House | 
                                    • Placed on Calendar -HJ 292  | 
                        
| 4/18/2014 | House | 
                                    • Placed on Special Order Calendar, 04/22/14 | 
                        
| 4/22/2014 | House | 
                                    • Read 2nd time -HJ 590  • Placed on 3rd reading  | 
                        
| 4/23/2014 | House | 
                                    • Read 3rd time -HJ 603  • CS passed; YEAS 114 NAYS 0 -HJ 603  | 
                        
| 4/23/2014 | Senate | 
                                    • In Messages • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations -SJ 591 • Received -SJ 591  | 
                        
| 5/2/2014 | Senate | 
                                    • Died in Banking and Insurance, companion bill(s) passed, see CS/CS/SB 1012 (Ch. 2014-91) |