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Bill > HB4237
WV HB4237
WV HB4237Relating to authorizing the Division of Financial Institutions to promulgate a legislative rule relating to residential mortgage lenders, brokers, and loan originators.
summary
Introduced
01/14/2026
01/14/2026
In Committee
01/14/2026
01/14/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
The purpose of this bill is to authorize the Division of Financial Institutions to promulgate a legislative rule relating to residential mortgage lenders, brokers, and loan originators.
AI Summary
This bill authorizes the Division of Financial Institutions, a state agency that oversees financial services, to officially adopt a legislative rule concerning residential mortgage lenders, brokers, and loan originators. This rule, which has already been filed with the State Register on July 24, 2025, and subsequently modified and refiled on September 10, 2025, to address concerns from the Legislative Rule-Making Review Committee, will now be formally enacted under the authority granted by West Virginia code section 31-17-3. The purpose of this legislative action is to provide a clear and legally binding framework for these entities involved in the mortgage industry.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Standing Committee on Finance Meeting (17:00:00 2/24/2026 House Finance Committee Room) (on 02/24/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4237&year=2026&sessiontype=RS&btype=bill |
| BillText | http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb4237%20intr.htm&yr=2026&sesstype=RS&i=4237 |
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