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HB 6192·MI·house

Financial institutions: mortgage brokers and lenders; consolidation of certain licensing statutes related to residential mortgages; make conforming changes in the debt management act. Amends sec. 8a of 1975 PA 148 (MCL 451.418a). 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 measure would combine existing statutes that license residential mortgage brokers and lenders into a single, streamlined framework. It also makes conforming changes to the Debt Management Act and amends section 8a of the 1975 Public Act 148. The changes aim to simplify regulation for mortgage professionals and align related statutes.

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