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Latest Update: Saturday, July, 19th 2008
Companion Bill SB3780. Mortgages - Requires licensing of mortgage originators and requires mortgage services licensees to complete continuing education. - Amends TCA Title 45, Chapter 13 and Title 45, Chapter 20. Fiscal Summary for HB3778 / *SB3780Increase State Revenue - $1,100,000/One-Time $5,500,000/Recurring Increase State Expenditures - $6,000/One-Time $244,100/Recurring Bill Summary for HB3778 / *SB3780 Present law requires registration of mortgage loan originators. This bill changes present law by requiring mortgage loan originators to be licensed instead of registered. This bill requires each application for renewal of a mortgage lender or loan originator license to include evidence of the completion of at least 12 hours of continuing education, including two hours of instruction [...] show full description
Latest Actions
- 04/01/2008 - Taken Off Notice For Calendar in Subcommittee Utilities, Banking and Small Business of Commerce of Commerce Committee
- 03/26/2008 - Placed on Subcommittee Calendar Utilities, Banking and Small Business of Commerce for 04/01/2008
- 03/04/2008 - Taken Off Notice For Calendar in Subcommittee Utilities, Banking and Small Business of Commerce of Commerce Committee
- 02/27/2008 - Placed on Subcommittee Calendar Utilities, Banking and Small Business of Commerce for 03/04/2008
- 02/26/2008 - Action Deferred in Subcommittee Utilities, Banking and Small Business of Commerce to 3/4/2008
show all actions- 04/01/2008 - Taken Off Notice For Calendar in Subcommittee Utilities, Banking and Small Business of Commerce of Commerce Committee
- 03/26/2008 - Placed on Subcommittee Calendar Utilities, Banking and Small Business of Commerce for 04/01/2008
- 03/04/2008 - Taken Off Notice For Calendar in Subcommittee Utilities, Banking and Small Business of Commerce of Commerce Committee
- 02/27/2008 - Placed on Subcommittee Calendar Utilities, Banking and Small Business of Commerce for 03/04/2008
- 02/26/2008 - Action Deferred in Subcommittee Utilities, Banking and Small Business of Commerce to 3/4/2008
- 02/20/2008 - Placed on Subcommittee Calendar Utilities, Banking and Small Business of Commerce for 02/26/2008
- 02/13/2008 - Assigned to Subcommittee Utilities, Banking and Small Business of COM
- 02/04/2008 - Passed second consideration, Referred to Commerce--Government Operations for review
- 01/31/2008 - Introduced, Passed first consideration
- 01/30/2008 - Filed for Introduction
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