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Legislative Action
Affecting Lending & Mortgages
Information on legislation affecting the mortgage industry
PROSPECTIVE LEGISLATION:
Predatory Lending Legislation - Sponsored by
Rep. Wayne Harper - Republican - District 43
Loan Transactions Amendments - Sponsored by
Sen. Michael G. Waddoups
- Majority Leader
Republican - District 06
LEGISLATIVE CHANGES:
HB 277 Passed 2003 - Effective January 1, 2004. What does HB 277 do?
Click here to see bullet points
UMLA ADVOCACY:
UMLA´s response to Workforce Services´ audit of Advanced Funding:
Workforce Services found that Advanced Funding´s LO´s should have been w-2 employees and not 1099 independent contractors
UMLA POSITIONS:
UMLA opposes auditing authority for the Division of Real Estate unless narrowly tailored.
See why...
UMLAs Position
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