HB 641-FN (1995): relative to regulation of mortgage loan servicing companies by the banking department and requiring mortgage loan servicing companies to register with and pay registration fees to the department.

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“HB 641-FN (1995): relative to regulation of mortgage loan servicing companies by the banking department and requiring mortgage loan servicing companies to register with and pay registration fees to the department.” Granite Record, https://graniterecord.org/bill/1995/hb641. Accessed 24 Oct. 2026.
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Granite Record. (n.d.). HB 641-FN (1995): relative to regulation of mortgage loan servicing companies by the banking department and requiring mortgage loan servicing companies to register with and pay registration fees to the department. Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/1995/hb641
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Granite Record. “HB 641-FN (1995): relative to regulation of mortgage loan servicing companies by the banking department and requiring mortgage loan servicing companies to register with and pay registration fees to the department.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/1995/hb641.
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@misc{bill-1995-hb641, title = {HB 641-FN (1995): relative to regulation of mortgage loan servicing companies by the banking department and requiring mortgage loan servicing companies to register with and pay registration fees to the department.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1995/hb641}, note = {Accessed 24 Oct. 2026} }

HB 641-FN (1995)

relative to regulation of mortgage loan servicing companies by the banking department and requiring mortgage loan servicing companies to register with and pay registration fees to the department.

  • Status: Signed into law
  • Term: 1995-1996
  • House committee: Commerce, Small Business, Consumer Affairs and Economic Development
  • Senate committee: Banks
  • Subject: Banking and Finance
  • Chapter law: 207

The Story

It was introduced on January 5, 1995 and referred to the House Commerce, Small Business, Consumer Affairs and Economic Development committee. The committee held a public hearing on February 8, 1995. The majority of the committee recommended that the House pass it with changes unanimously, 14–0. On March 2, 1995 the House voted to pass it with changes on a voice vote, then referred it on to the House Finance committee. The committee held a public hearing on March 7, 1995. The committee held a work session on March 10, 1995. The majority of the committee recommended that the House pass it unanimously, 26–0, and the report was placed on the consent calendar. On April 4, 1995 the House voted to pass it. It crossed to the Senate on April 6, 1995 and was referred to the Senate Banks committee. The committee held a public hearing on May 3, 1995. The committee recommended that the Senate pass it with changes. On May 18, 1995 the Senate voted to pass it with changes on a voice vote. On May 23, 1995 the House voted to agree to the other chamber's changes on a voice vote. The bill was enrolled on June 6, 1995 — the final check of the text before it goes to the governor. The governor signed it on June 12, 1995, making it Chapter 207 of the session laws. It took effect on July 1, 1995.

Sponsors

  • Rep. Hunt (Ches 10) (prime sponsor)
  • Sen. Fraser (SD4)

Hearings and Sessions

  • February 8, 1995, 10:30 AM: hearing, House Commerce, Small Business, Consumer Affairs and Economic Development, RM302,LOB
  • March 7, 1995, 11:30 AM: hearing, House Finance, RM105A,ST HOUSE
  • March 10, 1995, 9:00 AM: work session, House Finance, RM105A,ST HOUSE
  • May 3, 1995, 9:45 AM: hearing, Senate Banks, RM103,LOB

Votes

  • March 2, 1995, House: Ought to Pass with Amendment — voice vote, passed
  • May 18, 1995, Senate: Ought to Pass with Amendment — voice vote, passed
  • May 23, 1995, House: Concur — voice vote, passed

The Docket

  • January 5, 1995: INTRODUCED AND REF TO COMMERCE; HJ11,P163
  • January 17, 1995: COPY TO CHAIRMAN ON 01/17/95 DUE ON 03/01/95
  • February 8, 1995: HEARING FEB08 10:30 RM302,LOB FOR: COMMERCE
  • February 15, 1995: MAJ REPORT OTP/AM FOR MAR02 (VOTE 14-0)
  • February 15, 1995: PROP COMM AM<1222>; HC24,P523
  • March 2, 1995: COMM AM, AA VV; PASSED WITH AM AND REF TO FINANCE VV; HJ31,P764
  • March 7, 1995: FIN HEARING MAR07 11:30 RM105A,ST HOUSE FOR: FINANCE
  • March 10, 1995: FIN WORK SESSION MAR10 09:00 RM105A,ST HOUSE FOR: FINANCE
  • March 29, 1995: MAJ FIN REPORT OTP FOR APR04 (VOTE 26-0;CC)
  • April 4, 1995: PASSED; HJ47,P1415 + 1436
  • April 6, 1995: INTRODUCED AND REF TO BANKS; SJ12,P217
  • April 20, 1995: //CANCELLED//HEARING APR26 03:15 RM103,LOB FOR: BANKS
  • May 3, 1995: HEARING MAY03 09:45 RM103,LOB FOR: BANKS
  • May 17, 1995: COMM REPORT OTP/AM MAY18
  • May 17, 1995: PROP COMM AM<2642>; SC38,P6-7
  • May 18, 1995: COMM AM, AA VV; PASSED WITH AM VV; SJ21,P380 + 442
  • May 23, 1995: HOUSE CONC WITH SEN AM, REP B PACKARD MA VV; HJ71,P1950
  • June 6, 1995: ENROLLED; HJ76,P2040
  • June 6, 1995: ENROLLED; SJ24,P530
  • June 12, 1995: SIGNED BY GOVERNOR 06/12/95 EFF: 07/01/95 CHAP.0207

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