• Introduced
    Feb 05, 2026
  • Passed House
    Mar 19, 2026
  • Passed Senate
    Mar 24, 2026
  • Became Law
HB 5497
Michigan House Bill
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Financial institutions: mortgage brokers and lenders; prohibition on certain mortgage lending practices; modify. Amends title & secs. 1 & 2 of 1977 PA 135 (MCL 445.1601 & 445.1602).
Last Action See all actions
Senate • Mar 24, 2026: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

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Actions
  • Mar 24, 2026 | Senate
    • PASSED BY HOUSE WITH IMMEDIATE EFFECT
    • REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
  • Mar 19, 2026 | House
    • read a third time
    • substitute (H-4) adopted
    • passed; given immediate effect Roll Call #102 Yeas 72 Nays 29 Excused 0 Not Voting 9
    • transmitted
  • Mar 18, 2026 | House
    • read a second time
    • substitute (H-1) adopted
    • placed on third reading
  • Mar 10, 2026 | House
    • reported with recommendation with substitute (H-1)
    • referred to second reading
  • Feb 10, 2026 | House
    • bill electronically reproduced 02/05/2026
  • Feb 05, 2026 | House
    • introduced by Representative Rep. Bill Schuette
    • read a first time
    • referred to Committee on Finance