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HB 6199

Financial institutions: mortgage brokers and lenders; consolidation of certain licensing statutes related to residential mortgages; make conforming changes in the Michigan penal code. Amends secs. 219e & 219f of 1931 PA 328 (MCL 750.219e & 750.219f). TIE BAR WITH: HB 6177'26

2025-2026 Regular Session Introduced by Parker Fairbairn and 1 co-sponsor

HB 6199 strengthens penalties for fraudulently preparing, submitting, or handling loan applications in another person’s name and broadens who counts as a financial institution.

bill electronically reproduced 07/03/2026
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