Mike Weissman
- Democratic
- Representative
- District 36
The act subjects mortgage servicers to regulation by the assistant attorney general designated by the attorney general as the administrator of the "Uniform Consumer Credit Code". A "mortgage servicer" is a person that is responsible for servicing a Colorado residential mortgage loan. Regulation of mortgage services includes the requirements of notification, record keeping, payment of fees, compliance with applicable federal laws, reporting, examinations, inspections, and enforcement. A violation of the requirements is subject to enforcement by the administrator, which may include an order requiring the payment of refunds to injured consumers, penalties, costs, and attorney fees.$51,783 is appropriated from the uniform consumer credit code cash fund to the department of law to implement the act and is based on an assumption that the department will require 0.5 FTE to implement the act.(Note: This summary applies to this bill as enacted.)
Governor Signed
Sent to the Governor
Signed by the Speaker of the House
Signed by the President of the Senate
House Considered Senate Amendments - Result was to Concur - Repass
House Considered Senate Amendments - Result was to Laid Over Daily
Senate Third Reading Passed - No Amendments
Senate Second Reading Special Order - Passed with Amendments - Committee
Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
Senate Committee on Finance Refer Amended to Appropriations
House Third Reading Passed - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee, Floor
House Committee on Appropriations Refer Amended to House Committee of the Whole
House Committee on Finance Refer Amended to Appropriations
House Committee on Business Affairs & Labor Refer Amended to Finance
Introduced In House - Assigned to Business Affairs & Labor
Bill Text Versions | Format |
---|---|
Signed Act (07/07/2021) | |
Final Act (06/23/2021) | |
Rerevised (06/02/2021) | |
Revised (06/01/2021) | |
Reengrossed (05/20/2021) | |
Engrossed (05/19/2021) | |
Introduced (04/16/2021) | |
PA4 (05/25/2021) | |
PA3 (05/18/2021) | |
PA2 (05/11/2021) | |
PA1 (04/30/2021) | |
Committee Amendment |
Document | Format |
---|---|
Fiscal Note SA1 (05/17/2021) | |
Fiscal Note SA2 (05/31/2021) | |
Fiscal Note FN1 (04/26/2021) | |
Fiscal Note FN2 (05/22/2021) | |
Fiscal Note FN3 (08/26/2021) |
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