SB 361 (2014): relative to the licensing requirements for mortgage bankers and brokers.

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“SB 361 (2014): relative to the licensing requirements for mortgage bankers and brokers.” Granite Record, https://graniterecord.org/bill/2014/sb361. Accessed 24 Oct. 2026.
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Granite Record. “SB 361 (2014): relative to the licensing requirements for mortgage bankers and brokers.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/2014/sb361.
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@misc{bill-2014-sb361, title = {SB 361 (2014): relative to the licensing requirements for mortgage bankers and brokers.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2014/sb361}, note = {Accessed 24 Oct. 2026} }

SB 361 (2014)

relative to the licensing requirements for mortgage bankers and brokers.

  • Status: Signed into law
  • Term: 2013-2014
  • House committee: Commerce and Consumer Affairs
  • Senate committee: Commerce
  • Subject: Banking and Finance
  • Chapter law: 145

The Story

It was introduced on January 8, 2014 and referred to the Senate Commerce committee. The committee held a public hearing on February 18, 2014. The committee recommended that the Senate pass it with changes (amendment 2014-0635s). The committee's amendment (0635s) was adopted on a voice vote on March 6, 2014, changing the text of the bill. On March 6, 2014 the Senate voted to pass it with changes on a voice vote and ordered it to a third reading. It crossed to the House on March 20, 2014 and was referred to the House Commerce and Consumer Affairs committee. The committee held a public hearing on April 3, 2014. The committee met in executive session on April 22, 2014 to vote on its recommendation. The committee voted 12–3 to recommend that the House pass it, and the report was placed on the regular calendar. On April 30, 2014 the House adopted “Third Reading” on a division vote. On April 30, 2014 the House failed “Reconsideration Third Reading (Rep Lambert)” on a roll call 133–202. The bill was enrolled on May 15, 2014 — the final check of the text before it goes to the governor. The governor signed it on June 27, 2014, making it Chapter 145 of the session laws.

Sponsors

Hearings and Sessions

  • February 18, 2014, 1:00 PM: hearing, Senate Commerce, LOB 101
  • April 3, 2014, 1:15 PM: public hearing, House Commerce and Consumer Affairs, LOB 302
  • April 22, 2014, 1:00 PM: executive session, House Commerce and Consumer Affairs, LOB 302

Votes

  • March 6, 2014, Senate: Ought to Pass with Amendment 0635s — voice vote, passed
  • April 30, 2014, House: Third Reading — division vote, passed

The Docket

  • January 8, 2014: Introduced and Referred to Commerce
  • February 18, 2014: Hearing: 2/18/14, Room 101, LOB, 1:00 p.m.; SC7
  • February 24, 2014: Committee Report: Ought to Pass with Amendment #2014-0635s, NT, 3/6/14; SC8
  • March 6, 2014: Committee Amendment 0635s, NT, AA, VV
  • March 6, 2014: Ought to Pass with Amendment 0635s, MA, VV; OT3rdg
  • March 20, 2014: Introduced and Referred to Commerce and Consumer Affairs
  • April 3, 2014: Public Hearing: 4/3/2014 1:15 PM LOB 302
  • April 22, 2014: Executive Session: 4/22/2014 1:00 PM LOB 302
  • April 24, 2014: Committee Report: Ought to Pass (Vote 12-3; RC)
  • April 30, 2014: Ought to Pass: AA VV
  • April 30, 2014: Third Reading MA Div, 184-155
  • April 30, 2014: Reconsideration Third Reading (Rep Lambert) MF RC 133-202
  • May 15, 2014: Enrolled
  • May 15, 2014: Enrolled
  • June 27, 2014: Signed by the Governor on 06/16/14; Chapter 0145
  • June 27, 2014: I. Section 4 Effective 01/01/15
  • June 27, 2014: II. Remainder Effective 08/15/14

Laws It Would Change

From the General Court