Financial institutions: mortgage brokers and lenders; consolidation of certain licensing statutes related to residential mortgages; make conforming changes in the banking code of 1999. Amends sec. 1106 of 1999 PA 276 (MCL 487.11106). TIE BAR WITH: HB 6177'26
HB 6195 consolidates Michigan’s residential mortgage licensing statutes into a single, unified framework within the Banking Code for brokers and lenders.