Bill Summary for H 126 (2015-2016)

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Bill: MORTGAGE ORIGINATION SUPPORT REGISTRATION.

Summary date: 

Nov 5 2015
S.L. 2015-293

Bill Information:

View NCGA Bill Details(link is external)2015-2016 Session
House Bill 126 (Public) Filed Monday, March 2, 2015
AN ACT TO AUTHORIZE THE OFFICE OF THE COMMISSIONER OF BANKS TO IMPLEMENT A REGISTRATION SYSTEM FOR PERSONS ENGAGED EXCLUSIVELY IN THE PROCESSING OR UNDERWRITING OF RESIDENTIAL MORTGAGE LOANS AND NOT ENGAGED IN THE MORTGAGE BUSINESS.
Intro. by Hardister, Szoka, Meyer, S. Ross.

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Bill summary

AN ACT TO AUTHORIZE THE OFFICE OF THE COMMISSIONER OF BANKS TO IMPLEMENT A REGISTRATION SYSTEM FOR PERSONS ENGAGED EXCLUSIVELY IN THE PROCESSING OR UNDERWRITING OF RESIDENTIAL MORTGAGE LOANS AND NOT ENGAGED IN THE MORTGAGE BUSINESS. Enacted October 29, 2015. Section 3 is effective October 29, 2015. The remainder is effective November 1, 2015.