summary
Introduced
02/28/2017
02/28/2017
In Committee
04/26/2017
04/26/2017
Crossed Over
04/26/2017
04/26/2017
Passed
Dead
05/05/2017
05/05/2017
Introduced Session
2017 Regular Session
Bill Summary
Revises definition of term "mortgage loan"; provides definition for term "hold himself or herself out to public as being in mortgage lending business."
AI Summary
This bill revises the definition of the term "mortgage loan" to include residential loans secured by a dwelling or for the purchase of residential real estate, as well as loans on commercial real property or improved real property with five or more dwelling units if the borrower is an individual or the lender is a non-institutional investor. The bill also provides a definition for the term "hold himself or herself out to the public as being in the mortgage lending business," which includes various forms of advertising, soliciting, or conducting business in a manner that indicates or implies that the individual is a licensed mortgage lender.
Committee Categories
Business and Industry
Sponsors (1)
Other Sponsors (2)
Commerce Committee (House), Insurance and Banking Subcommittee (House)
Last Action
Died in Banking and Insurance (on 05/05/2017)
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.flsenate.gov/Session/Bill/2017/1081 |
| Bill | http://www.flsenate.gov/Session/Bill/2017/1081/BillText/c2/PDF |
| House Committee Amendment #314057 | http://www.flsenate.gov/Session/Bill/2017/1081/Amendment/314057/PDF |
| Bill | http://www.flsenate.gov/Session/Bill/2017/1081/BillText/c1/PDF |
| Bill | http://www.flsenate.gov/Session/Bill/2017/1081/BillText/Filed/PDF |
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