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HB 6190·MI·house

Financial institutions: mortgage brokers and lenders; consolidation of certain licensing statutes related to residential mortgages; make conforming changes in the credit reform act. Amends sec. 2 of 1995 PA 162 (MCL 445.1852). TIE BAR WITH: HB 6177'26

In CommitteeFiled Jul 3, 2026
Sponsor: Steve Frisbie (R)
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introduced by Representative Rep. Steve Frisbie

Jul 3, 2026

Summary

The bill combines existing licensing statutes for residential mortgage brokers and lenders into a single framework and makes related conforming changes to the Credit Reform Act. It impacts financial institutions that originate or service residential mortgages by streamlining their regulatory requirements. The measure is currently referred to committee.

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