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HB 5497 MI
Passed Legislature

Financial institutions: mortgage brokers and lenders; prohibition on certain mortgage lending practices; modify. Amends title & secs. 1 & 2 of 1977 PA 135 (MCL 445.1601 & 445.1602).

MI · session 2025-2026 · Assembly / House · bill

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Introduced Feb 5, 2026

Latest action (Mar 24, 2026) REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Sponsor (1)

Action history (15)

  1. Feb 5, 2026 introduced by Representative Rep. Bill Schuette · lower
  2. Feb 5, 2026 read a first time · lower
  3. Feb 5, 2026 referred to Committee on Finance · lower
  4. Feb 10, 2026 bill electronically reproduced 02/05/2026 · lower
  5. Mar 10, 2026 reported with recommendation with substitute (H-1) · lower
  6. Mar 10, 2026 referred to second reading · lower
  7. Mar 18, 2026 read a second time · lower
  8. Mar 18, 2026 substitute (H-1) adopted · lower
  9. Mar 18, 2026 placed on third reading · lower
  10. Mar 19, 2026 read a third time · lower
  11. Mar 19, 2026 substitute (H-4) adopted · lower
  12. Mar 19, 2026 passed; given immediate effect Roll Call #102 Yeas 72 Nays 29 Excused 0 Not Voting 9 · lower
  13. Mar 19, 2026 transmitted · lower
  14. Mar 24, 2026 PASSED BY HOUSE WITH IMMEDIATE EFFECT · upper
  15. Mar 24, 2026 REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION · upper
Subjects
Financial institutions: mortgage brokers and lenders

Full text

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