Bill Information

An Act amending the act of June 25, 2001 (P.L.621, No.55), entitled "An act amending the act of December 22, 1989 (P.L.687, No.90), entitled 'An act providing for the regulation and licensing of mortgage bankers and mortgage brokers; imposing additional powers and duties on the Department of Banking and the State Real Estate Commission; and providing penalties,' further providing for license exemptions, for application for license, for licensee requirements, for authority of department or commission and for penalties; regulating the terms and conditions of certain subprime mortgage loan transactions; and making editorial changes," repealing certain provisions relating to the effective date.