MichiganHB 54972025-2026 Regular SessionHouseWALLET

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).Last Action: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Sponsored By: Bill Schuette (Republican)

Passed House

Financial institutions: mortgage brokers and lenders

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Bill Schuette

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 72 • No: 29

House vote • 3/19/2026

passed; given immediate effect

Yes: 72 • No: 29 • Other: 9

Actions Timeline

  1. REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

    3/24/2026Senate
  2. PASSED BY HOUSE WITH IMMEDIATE EFFECT

    3/24/2026House
  3. transmitted

    3/19/2026House
  4. passed; given immediate effect Roll Call #102 Yeas 72 Nays 29 Excused 0 Not Voting 9

    3/19/2026House
  5. substitute (H-4) adopted

    3/19/2026House
  6. read a third time

    3/19/2026House
  7. placed on third reading

    3/18/2026House
  8. substitute (H-1) adopted

    3/18/2026House
  9. read a second time

    3/18/2026House
  10. referred to second reading

    3/10/2026House
  11. reported with recommendation with substitute (H-1)

    3/10/2026House
  12. bill electronically reproduced 02/05/2026

    2/10/2026House
  13. referred to Committee on Finance

    2/5/2026House
  14. read a first time

    2/5/2026House
  15. introduced by Representative Rep. Bill Schuette

    2/5/2026House

Bill Text

  • As Passed by the House

    3/19/2026

  • Introduced

    2/5/2026

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