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HB 107

Title: Revise mortgage laws on disclosures, surety bonds, and other requirements
Author: Rep. Shane Morigeau (D-MT)

Summary
A BILL FOR AN ACT ENTITLED: ""AN ACT GENERALLY REVISING THE MONTANA MORTGAGE ACT; ADDING CAPITAL REQUIREMENTS FOR MORTGAGE SERVICERS; ADDING NET WORTH REQUIREMENTS FOR MORTGAGE LENDERS; REVISING DESIGNATED MANAGER AND BRANCH OFFICE REQUIREMENTS; REVISING SURETY BOND REQUIREMENTS; ALLOWING SERVICE BY COMMON COURIER WITH TRACKING CAPABILITY; PROVIDING RULEMAKING AUTHORITY REGARDING FALSE, DECEPTIVE, AND MISLEADING ADVERTISING, INTERNET AND ELECTRONIC ADVERTISING, MORTGAGE SERVICER CAPITAL REQUIREMENTS, AND DESIGNATED MANAGER SUPERVISORY REQUIREMENTS; PROVIDING FOR PENALTIES AND RESTITUTION FROM SERVICE PROVIDERS; AUTHORIZING INVESTIGATION OF SERVICE PROVIDERS; ALLOWING THE DEPARTMENT TO DISCLOSE INFORMATION ABOUT SERVICE PROVIDERS TO LICENSEES; AMENDING MORTGAGE SERVICER COSTS AND FEE ...

Status
(C) Draft Request Received 09/06/2018
(C) Draft to Requester for Review 11/27/2018
(C) Fiscal Note Probable 12/04/2018
(C) Draft in Legal Review 12/04/2018
(C) Draft in Edit 12/04/2018
(C) Draft to Drafter - Edit Review [KWK] 12/06/2018
(C) Draft in Input/Proofing 12/06/2018
(C) Draft in Final Drafter Review 12/07/2018
(C) Bill Draft Text Available Electronically 12/07/2018
(C) Executive Director Review 12/07/2018
(C) Draft in Assembly 12/07/2018
(C) Pre-Introduction Letter Sent 12/07/2018
(H) Introduced 12/14/2018
(C) Introduced Bill Text Available Electronically 12/14/2018
(H) Fiscal Note Requested 12/17/2018
(H) Referred to Committee 12/19/2018
(H) Fiscal Note Received 01/04/2019
(H) First Reading 01/07/2019
(H) Fiscal Note Signed 01/09/2019
(H) Fiscal Note Printed 01/10/2019
(H) Hearing 01/23/2019

Bill Text
01/11/2019 - HB 107 (Introduced+Senate+Resolution+%28S%29)
12/15/2018 - HB 107 (Public+Act)
12/15/2018 - HB 107 (House+Enrolled+Bill)
12/15/2018 - HB 107 (House+Adopted+Resolution)

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Author Details


    Rep. Shane Morigeau (D-MT)
    State House

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    Contact Tips

    Capital Address:
    State Capitol

    Helena, MT 59620-0400
    Phone: (406) 444-4800

    District Address:
    PO Box 7552

    Missoula, MT 59807-7552
    Phone: (406) 546-4290
    Fax:

 
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