Bill
HB 6192
Financial institutions: mortgage brokers and lenders; consolidation of certain licensing statutes related to residential mortgages; make conforming changes in the debt management act. Amends sec. 8a of 1975 PA 148 (MCL 451.418a). TIE BAR WITH: HB 6177'26
2025-2026 Regular Session
Introduced by Greg Alexander and 3 co-sponsors
Creates a robust mechanism to prohibit or suspend individuals from financial licenses and related employment when fraud or related misconduct is found or suspected.
bill electronically reproduced 07/03/2026