HB 1286-FN (2008): relative to the licensing of mortgage bankers, mortgage brokers, and mortgage originators.

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@misc{bill-2008-hb1286, title = {HB 1286-FN (2008): relative to the licensing of mortgage bankers, mortgage brokers, and mortgage originators.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2008/hb1286}, note = {Accessed 24 Oct. 2026} }

HB 1286-FN (2008)

relative to the licensing of mortgage bankers, mortgage brokers, and mortgage originators.

  • Status: Signed into law
  • Term: 2007-2008
  • House committee: Commerce
  • Senate committee: Commerce, Labor and Consumer Protection
  • Subject: Banking and Finance
  • Chapter law: 333

The Story

It was introduced on January 2, 2008 and referred to the House Commerce committee. The committee held a public hearing on January 10, 2008. The committee held work sessions on January 17, 2008 and January 24, 2008. The committee met in executive session on January 29, 2008 to vote on its recommendation. The committee voted 16–1 to recommend that the House pass it. On February 6, 2008 the House voted to pass it on a voice vote. On February 6, 2008 the bill was referred to the Executive Departments and Administration committee. The committee held a work session on March 4, 2008. The committee met in executive session on March 10, 2008 to vote on its recommendation. The committee voted unanimously, 13–0, to recommend that the House pass it. On March 18, 2008 the House voted to pass it on a voice vote. It crossed to the Senate on March 27, 2008 and was referred to the Senate Commerce, Labor and Consumer Protection committee. The committee held a public hearing on April 8, 2008. The committee recommended that the Senate pass it. On April 17, 2008 the Senate voted to lay it on the table on a voice vote, on a motion by Sen. Hassan. On May 8, 2008 the Senate adopted “Remove From Table” on a voice vote, on a motion by Sen. Gottesman. On May 8, 2008 the Senate voted to pass it on a voice vote and ordered it to a third reading. An enrolled bill amendment (2187) was adopted on June 4, 2008. These correct technical errors found after passage. The bill was enrolled on June 5, 2008 — the final check of the text before it goes to the governor — and an enrolled bill amendment (2187) was adopted to correct technical errors found after passage. The bill was enrolled on June 25, 2008 — the final check of the text before it goes to the governor. The governor signed it on July 7, 2008, making it Chapter 333 of the session laws.

Sponsors

Hearings and Sessions

  • January 10, 2008, 1:15 PM: public hearing, House Commerce, LOB 302
  • January 17, 2008, 9:00 AM: subcommittee work session, House Commerce, LOB 302
  • January 24, 2008, 8:55 AM: subcommittee work session, House Commerce, LOB 302
  • January 29, 2008, 1:00 PM: executive session, House Commerce, LOB 302
  • March 4, 2008, 10:30 AM: full committee work session, House Executive Departments and Administration, LOB 306
  • March 10, 2008, 10:00 AM: executive session, House Executive Departments and Administration, LOB 307
  • April 8, 2008, 10:25 AM: hearing, Senate Commerce, Labor and Consumer Protection, LOB 102

Votes

  • February 6, 2008, House: Ought to Pass — voice vote, passed
  • March 18, 2008, House: Ought to Pass — voice vote, passed
  • April 17, 2008, Senate: Laid On Table — voice vote, passed
  • May 8, 2008, Senate: Remove From Table — voice vote, passed
  • May 8, 2008, Senate: Ought to Pass — voice vote, passed

The Docket

  • January 2, 2008: Introduced 1/2/2008 and Referred to Commerce
  • January 10, 2008: Public Hearing: 1/10/2008 1:15 PM LOB 302
  • January 17, 2008: Subcommittee Work Session: 1/17/2008 9:00 AM LOB 302
  • January 24, 2008: Subcommittee Work Session: 1/24/2008 8:55 AM LOB 302
  • January 29, 2008: Executive Session: 1/29/08 1:00 PM LOB 302 (Continued 1/31/08 1:00 PM LOB 302 if Needed)
  • January 29, 2008: Committee Report: Ought to Pass for 2/6 CC (vote 16-1)
  • February 6, 2008: Ought to Pass: MA VV
  • February 6, 2008: Referred to Executive Departments and Administration
  • March 4, 2008: Full Committee Work Session: 3/4/2008 10:30 AM LOB 306
  • March 6, 2008: ==CANCELLED== Executive Session: 3/6/2008 10:00 AM LOB 306
  • March 10, 2008: Executive Session: 3/10/2008 10:00 AM LOB 307
  • March 10, 2008: Committee Report: Ought to Pass for Mar 18 CC (vote 13-0)
  • March 18, 2008: Ought to Pass: MA VV
  • March 27, 2008: Introduced and Referred to Commerce, Labor and Consumer Protection
  • April 8, 2008: Hearing; April 8, 2008, Room 102, LOB, 10:25 a.m.; SC14
  • April 8, 2008: Committee Report; Ought to Pass [04/17/08]; SC15
  • April 17, 2008: Ought to Pass [Not Voted On]
  • April 17, 2008: Sen. Hassan Moved Laid On Table, MA, VV
  • May 8, 2008: Sen. Gottesman Moved Remove From Table, MA, VV
  • May 8, 2008: Ought to Pass, MA, VV; OT3rdg
  • May 8, 2008: Passed by Third Reading Resolution
  • June 4, 2008: Enrolled Bill Amendment #2187 Adopted
  • June 5, 2008: Enrolled Bill Amendment{2187}, Adopted
  • June 5, 2008: Enrolled
  • June 25, 2008: Enrolled [6/4/2008]
  • July 7, 2008: Signed by the Governor 07/07/2008; Chapter 0333
  • July 9, 2008: I. Section 17 Effective as Provided in Section 18
  • July 9, 2008: II. Section 18 Effective 07/07/2008
  • July 9, 2008: III. Remainder Effective 04/01/2009

Laws It Would Change

From the General Court