HB 6181·MI·house
Financial institutions: mortgage brokers and lenders; consolidation of certain licensing statutes related to residential mortgages; make conforming changes in 1995 PA 280. Amends sec. 1 of 1995 PA 280 (MCL 129.221). TIE BAR WITH: HB 6177'26
In CommitteeFiled Jul 3, 2026
Sponsor: Parker Fairbairn (R)
Latest Action
introduced by Representative Rep. Parker Fairbairn
Jul 3, 2026
Summary
The bill merges several existing licensing requirements for residential mortgage brokers and lenders into a single framework. It amends Section 1 of the 1995 Public Act 280 and makes related conforming changes. The measure is intended to simplify compliance for financial institutions and is currently referred to committee.
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