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).

{"id": "ocd-bill/8d204fa2-a466-41cb-84d1-5d9dd26ab51a", "session": "2025-2026", "jurisdiction": {"id": "ocd-jurisdiction/country:us/state:mi/government", "name": "Michigan", "classification": "state"}, "from_organization": {"id": "ocd-organization/d387cf69-631c-4013-bb32-4a00c848fcc4", "name": "House", "classification": "lower"}, "identifier": "HB 5497", "title": "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).", "classification": ["bill"], "subject": ["Financial institutions: mortgage brokers and lenders"], "extras": {}, "created_at": "2026-02-06T07:33:19.530213+00:00", "updated_at": "2026-10-13T09:53:07.077095+00:00", "openstates_url": "https://openstates.org/mi/bills/2025-2026/HB5497/", "first_action_date": "2026-02-05", "latest_action_date": "2026-03-24", "latest_action_description": "REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION", "latest_passage_date": "2026-03-19"}