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Companion Bill HB4116. Mortgages - Revises and adds various provisions governing persons in the mortgage industry, including requiring applicants for a license as a mortgage lender, mortgage loan broker, mortgage loan servicer, or mortgage loan originator to complete an educational training course; requires criminal background checks; authorizes participation in multi-state automated licensing system. - Amends TCA Title 45, Chapter 13. Fiscal Summary for SB4160 / *HB4116Increase State Expenditures - Not Significant Bill Summary for SB4160 / *HB4116 This bill revises various portions of the Tennessee Residential Lending, Brokerage and Servicing Act of 1988, as follows: (1) This bill authorizes the commissioner of commerce and insurance to require the following persons to consent to a criminal history records check and to provide a set of [...]

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Latest Actions
  • 05/08/2008 - Public Chapter 821
  • 05/08/2008 - Effective date(s) 04/29/08; 01/01/09
  • 04/29/2008 - Signed by Governor.
  • 04/17/2008 - Transmitted to Governor for action.
  • 04/16/2008 - Signed by House Speaker

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Bill Text
File name Last Updated
Amendment 1-0 to SB416003/14/2008
SB4160 Bill Text PDF02/05/2008

Fiscal Notes
File name Last Updated
SB4160 Fiscal Notes PDF02/17/2008