SB16-014

SB16-014 - Mortgage Loan Originators Conform To TILA & RESPA

Passed/Signed into Law
Concerning The Alignment Of State Mortgage Originator Disclosure Laws With Recent Changes In Federal Law.

The bill repeals selected provisions of the Colorado "Mortgage Loan Originator Licensing and Mortgage Company Registration Act" governing and setting deadlines for disclosures of certain costs and fees, and replaces those provisions with cross references to applicable requirements in the federal "Truth in Lending Act", the federal "Real Estate Settlement Procedures Act of 1974", and other statutes and rules governing the activities of mortgage loan originators.

Latest update: March 16, 2016
03/16/2016 Governor Signed
03/11/2016 Sent to the Governor
03/11/2016 Signed by the Speaker of the House
03/10/2016 Signed by the President of the Senate
02/29/2016 Senate Considered House Amendments - Result was to Concur - Repass
02/26/2016 House Third Reading Passed - No Amendments
02/25/2016 House Second Reading Passed with Amendments - Committee
02/23/2016 House Committee on Business Affairs and Labor Refer Amended to House Committee of the Whole
01/26/2016 Introduced In House - Assigned to Business Affairs and Labor
01/26/2016 Senate Third Reading Passed - No Amendments
01/25/2016 Senate Second Reading Passed with Amendments - Committee
01/20/2016 Senate Committee on Business, Labor, & Technology Refer Amended - Consent Calendar to Senate Committee of the Whole
01/13/2016 Introduced In Senate - Assigned to Business, Labor, & Technology