SB 240 Nationwide Mortgage Licensing System & Registry; mortgage lenders & brokers required to register.
John C. Watkins | all patrons    ...    notes
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Summary as introduced:
Certain mortgage lenders and mortgage brokers required to register with Nationwide Mortgage Licensing System and Registry.  Compels mortgage lenders and mortgage brokers whose employees are required to be licensed as mortgage loan originators, to register with the Nationwide Mortgage Licensing System and Registry, developed and maintained by the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators. The Commissioner of the Bureau of Financial Institutions may establish agreements with the Registry for such conditions as the collection of information and fees. This is a recommendation of the Virginia Housing Commission.

Full text:
01/12/10  Senate: Prefiled and ordered printed; offered 01/13/10 10102303D  pdf | impact statement
03/01/10  Senate: Bill text as passed Senate and House (SB240ER)  pdf | impact statement
03/11/10  Governor: Acts of Assembly Chapter text (CHAP0146)  pdf

Status:
01/12/10  Senate: Prefiled and ordered printed; offered 01/13/10 10102303D
01/12/10  Senate: Referred to Committee on Commerce and Labor
01/18/10  Senate: Reported from Commerce and Labor (15-Y 0-N)
01/20/10  Senate: Constitutional reading dispensed (40-Y 0-N)
01/21/10  Senate: Read second time and engrossed
01/22/10  Senate: Read third time and passed Senate (39-Y 0-N)
02/03/10  House: Placed on Calendar
02/03/10  House: Read first time
02/03/10  House: Referred to Committee on Commerce and Labor
02/18/10  House: Reported from Commerce and Labor (22-Y 0-N)
02/22/10  House: Read second time
02/23/10  House: Read third time
02/23/10  House: Passed House BLOCK VOTE (99-Y 0-N)
02/23/10  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
03/01/10  Senate: Enrolled
03/01/10  Senate: Bill text as passed Senate and House (SB240ER)
03/01/10  House: Signed by Speaker
03/02/10  Senate: Signed by President
03/11/10  Governor: Approved by Governor-Chapter 146 (effective 7/1/10)
03/11/10  Governor: Acts of Assembly Chapter text (CHAP0146)