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The State Legislative and Regulatory Resource Center supports mortgage banking professionals staying abreast of state and local legislative and regulatory matters affecting the real estate finance industry. The resources and services include information about the State Legislative and Regulatory Committee, MBAlert, online state legislative database, monthly exchange calls, reports, and other state-related resources. The State Legislative and Regulatory Committee (SLRC) focuses its attention on state legislation and regulations that affect the real estate finance industry. The SLRC deals primarily with residential lending issues, however when commercial or multifamily lending issues arise they are addressed accordingly. Each month the SLRC conducts a Monthly Exchange Call amongst its members where information is shared about the latest state legislative and regulatory developments affecting the mortgage banking industry. Join the SLRC and view the agenda for the upcoming call.
View 2010 MBA's 2010 Industry-wide Legislative and Regulatory Priorities.
| MBA State Legislative Report: August 16, 2010
The following states are currently in session: California, Massachussetts (informal session), Michigan and Ohio (skeleton session.) California is projected to adjourn on August 31. North Carolina SB 1216 was signed on August 2 and became Chapter 168 of the 2010 Session Laws. This legislation, sponsored by Sen. Dan Blue, D-Wake, amends/extends the Emergency Program to Reduce Home Foreclosures Act, increases and authorizes fees under the SAFE Mortgage Licensing Act, and revises the definition of certain terms in mortgage lending law.
Click here for the full report.
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