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WV SB336

WV SB336
Division of Financial Institutions rule relating to residential mortgage lenders, brokers, and loan originators


summary

Introduced
01/15/2026
In Committee
01/15/2026
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 West Virginia Division of Financial Institutions to implement a legislative rule, which is a formal regulation, concerning residential mortgage lenders, brokers, and loan originators. This rule, officially designated as 106 CSR 05, has undergone modifications to address concerns raised by the Legislative Rule-Making Review Committee and has been officially filed with the State Register on two separate dates, July 24, 2025, and September 10, 2025, to ensure compliance with state law, specifically referencing section §31-17-3 of the code.

Committee Categories

Justice

Sponsors (1)

Last Action

To Judiciary (on 01/15/2026)

bill text


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