HB6203 — Financial institutions: mortgage brokers and lenders; deposit of certain fees under the mortgage loan originators licensing act; revise place of deposit. Amends sec. 19 of 2009 PA 75 (MCL 493.149). TIE BAR WITH: HB 6177'26

HB6203 — Financial institutions: mortgage brokers and lenders; deposit of certain fees under the mortgage loan originators licensing act; revise place of deposit. Amends sec. 19 of 2009 PA 75 (MCL 493.149). TIE BAR WITH: HB 6177'26 · Informed CitizenryThis bill amends the Mortgage Loan Originator Licensing Act to modify the rules for fees and penalties associated with mortgage loan originator licenses. It specifies that the commissioner director…Open in Informed Citizenry